Private Ag R&D increasing

January 15, 2013 12:30:17 AM PST
Private companies are increasing their role in funding agricultural research and development.

A USDA study found private investment has grown over recent years, especially in feed and bio-technology for crops. The study also found private investment is growing at a faster rate than public resources -- mainly because most private companies doing the research are global and have better resources to serve global markets.