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Standing water surrounds corn plants. Photo: Daniel Acker/Bloomberg via Getty Images

A leading synthetic biology company is using bioengineering to try to create more resilient crops.

Why it matters: Extreme weather and a 7.8 billion-and-growing global population are ratcheting up pressure on an already fragile food system — and the environments that support it.

The big picture: Researchers are using synthetic biology to tackle a range of problems in agriculture — from reducing synthetic fertilizer use to improving the nutritional value of crop plants.

  • An estimated 20–40% of crops are lost to pests around the world each year, costing the global economy about $290 billion, according to the UN Food and Agriculture Organization.
  • More than 550 insect species are resistant to pesticides, and it costs an estimated $300 million "to bring an insecticide from molecule to market, and about eight to 10 years,” Bruce Steward of insecticide and chemical company FMC recently told Hoosier Ag Today.

What's next: Ginkgo Bioworks and Corteva Agriscience announced a two-year research agreement to use the tools of synthetic biology to try to speed the discovery — and lower the cost — of natural compounds for more sustainable, effective and specific insecticides, pesticides and fungicides.

  • Ginkgo will use its cell engineering platform and library of DNA sequences to identify, improve and produce different enzymes and natural compounds that Corteva will then test in greenhouse trials.
  • "Nature has solutions for farmers to address food loss and crop protection, and it is a matter of harvesting those," says Jennifer Wipf, senior vice president of commercial cell engineering at Ginkgo.
  • Ginkgo hopes to speed the process, but regulatory challenges will be part of the development, says Kevin Madden, senior vice president of platform commercialization at the company.

Go deeper: Watch Axios' new video about how synthetic biology is changing what we eat — and more.

Go deeper

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Investors pour millions into immersive, interactive art experiences

Photo Illustration: Megan Robinson/Axios. Photo: Martin Bureau/AFP via Getty Images

How much would you pay for "a sleek, if pleasantly confusing, package of moods" or "a confusing tangle of disjointed installations" or even "the total erosion of meaning itself"? The answer, according to the current market-clearing price, seems to be about $35.

Why it matters: Investors are pouring hundreds of millions of dollars into ticketed experiences — immersive, interactive museum-like spaces that don't have the d0-not-touch stuffiness of traditional museums.

Special Envoy for Haiti resigns over Biden deportations

Daniel Foote testifies during a Senate Foreign Relations Committee hearing on May 26, 2016. Photo: Drew Angerer/Getty Images

The Special Envoy for Haiti on Wednesday resigned from his position, writing in his resignation letter obtained by PBS that he "will not be associated with the United States inhumane, counterproductive decision to deport thousands of Haitian refugees."

Why it matters: Ambassador Daniel Foote's resignation comes amid heightened anger over the treatment of Haitian migrants and asylum-seekers living in a temporary encampment in Del Rio, Texas — especially after images surfaced of Border Patrol agents whipping at the migrants from horseback.

First-time homebuyers shrink as prices spike

Data: National Association of Realtors; Chart: Axios Visuals

Home sales cooled as prices continued to heat up in August.

Driving the news: The share of first-time existing homebuyers (29%) last month was the smallest in two years, according to new data from the National Association of Realtors.