この文章のaboveの意味について
As production of commercial maize and rice seed expands to around 400 t/year it is anticipated that the price of commercial seed will reduce to around $1.00/kg (i.e. approx. 100% above the grain price) and agricultural input suppliers will become increasingly involved in commercial seed sale and
distribution (e.g. at $2.00/kg).
ここでの100% above the grain price は商業種子の値段($1.00/kg )は通常の種子価格よりも100%高い(通常の種子価格の2倍)という意味になるのでしょうか?