With the severity of the 2012 drought seed supplies will be tight for the 2013 season. However, Terry Schultz, President of Mustang Seeds of Madison, South Dakota says they’re comfortable with their projected inventory. They, like many other seed companies will ramp up production in South America to assure they’ll have adequate supplies.
Even so Schultz advises growers to make their decisions early and get seed needs lined up because the most popular numbers will go fast, especially on the corn.
Majors like Monsanto also believe they’ll have adequate supplies with much of their seed production under irrigation in the U.S. With the added seed corn production costs its uncertain yet what that will mean for individual company pricing for 2013, but the industry is expected to see a 25-percent increase over 2012.
