19.04.2012 | permalink
The cotton export debacle has created an oversupply of Bt seeds in the market with angry farmers expected to plant less area in the coming summer season. [...] Bt cotton seeds account for 25% of the total turnover of private sector seed companies in India. ”There are indications that a price war may happen as distributors know that there are ample stocks with seed companies. Seed companies may offer discounts on seeds for which there is less demand and seeds from the previous year’s stocks,” said the proprietor of a Maharashtra-based private Bt cotton seed company.