In the short term, there will continue to be regulatory uncertainties involving applications of agricultural biotechnology. However, in the long term, input traits, such as insect resistance and herbicide tolerance, will become standard agronomic tools worldwide. Opportunities for genetic enhancements will be virtually unlimited, and knowledge of how to do it will be owned not by a few companies, but shared by many. Ownership of intellectual property, which has been relatively concentrated, will become more diffuse.