Economic impacts of glyphosate-resistant crops

Abstract

Glyphosate-resistant crops have been widely planted since their introduction in 1996. Growers have numerous choices for herbicide treatments and have chosen to plant glyphosate-resistant crops on the basis of economic factors. The economic effects of the widespread planting of glyphosate-resistant crops have included reductions in herbicide expenses, increases in seed costs, increased yield and changes in the relative profitability of crops that has resulted in changes in which crops are planted. In addition, non-pecuniary benefits have accrued as a result of the simplicity of weed management in the glyphosate-resistant crop systems.