section_path: Economic importance/Seed market
section_name: Seed market
paragraph_text: Seed market
  
  In the United States farmers spent $22 billion on seeds in 2018, a 35 percent increase since 2010. DowDuPont and Monsanto account for 72 percent of corn and soybean seed sales in the U.S. with the average price of a bag of GMO corn seed is priced at $270.