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by the biological, legal, and strategic nature of the technology, as well as farmers'
willingness (or simply ability) to pay for the trait and society's perceptions. As such,
perhaps it is not surprising to observe that, despite a robust research base, progres-
sion of drought-tolerant varieties through the R&D pipeline has taken more than a
decade. And the varieties poised in the later stages of R&D to reach market in the
next few years are generally not of high value crops, but are predominately grains
and oilseeds and perhaps some forages. It may thus be complementarity with other
transgenic traits that will serve to be the driver of commercialization for drought-
and stress-tolerance traits. Time will tell.
Acknowledgements  Research was supported, in part, by NIH grant R01HG004041 (Graff). Zil-
berman is a member of the Giannini Foundation of Agricultural Economics.
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