USDA to spend $120 million on biotech, ag researchWASHINGTON, Jan 10 (Reuters) - The U.S. Agriculture Department will earmark $120 million for research on bioengineered crops, food safety, pesticides and other areas of concern to American farmers, Agriculture Secretary Dan Glickman said on Monday. The new research initiative is intended to address "some of the moot critical issues" facing farmers, Glickman said. Research will include agricultural genomics, biotechnology risk assessment, food safety, new usues for agricultural crops, pest management, and how family farms can improve efficiency and profits. The initiative was authorized by Congress last year.

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