The motivation for a for-profit corporation to develop new varieties is to maximize profits. That is the right choice for a stock company.
Breeding is done with a priority on economic rationality, such as high yield, fast growth, uniform grains, and shape and size suitable for transportation. To achieve this, huge development costs are invested.
Varieties that are convenient for humans do not usually exist in nature. To begin with, there is no single variety in nature in large numbers. A look at forests and jungles reveals that they are inhabited by numerous life forms in a perfect balance. That is why there are no "crop failures" in forests and jungles. Insects also do not occur in large numbers. Because they have natural enemies, they are eaten after they increase to a certain extent before they become abundant in large numbers. I was really impressed with this balance when I lived in the jungle, which is really "god" amazing.
Using state-of-the-art breeding techniques, it is possible to create entirely new varieties from varieties that would never interbreed in the wild. In nature, there is a strict species barrier that prevents reproduction between different species. However, biotechnology and genetic engineering technologies have made it possible to break the species barrier and create new varieties between different species.
For example, plant genes can be combined with animal genes. For example, genetically modified cotton can be made from jellyfish genes to make it shiny, spider genes to make long fibers, moth genes to prevent natural enemies from eating it, and even irradiation. (The safety of cottonseed oil made from this genetically modified cotton is currently considered safe.)
In the short term, F1 and genetically modified varieties increased yields dramatically. This greatly pleased growers. However, an unforeseen problem arose. It was the chemical fertilizers and pesticides that were introduced along with the seeds.
F1 seeds and GMOs require lots of chemical fertilizers. They also require a lot of water. The more chemical fertilizers applied, the better the crops will grow, but the more weeds will thrive. The amount of herbicides will also increase. In the long run, cultivation becomes more difficult due to soil degradation and outbreaks of insects, which are natural enemies. Recently, super weeds have emerged and herbicides are no longer effective. Insecticide-resistant insects are also increasing.
From the farmer's perspective as a producer, chemical fertilizers, seeds, herbicides, and insecticides are things that must be purchased every year. Regardless of the yield, there is a fixed cost of money. They are now faced with difficult problems to solve, such as crop diseases, insect attacks, soil contamination, large debts, declining and contaminated groundwater, and depletion of water sources due to unreasonable irrigation.
As a result, protests became frequent in India, a major cotton-producing country. This is because large numbers of suicides in despair began to occur.