The nation's farmers are looking forward to a repeat of last year's near-record income. And new bioengineered seeds could change how farmers do business

For farmer Michael J. Kenyon of South Elgin, Ill., everything could have gone wrong last year--but didn't. A cold, wet spring delayed planting six weeks. But with fine weather to follow, even corn sown in June produced a decent yield by November. "We were pretty lucky," Kenyon says.

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