Seed Prize Affected by Inflation and Production Costs
A tough economic situation coupled with increased costs for energy, wages, fertilisers, packaging and logistics have pushed up prices for forage and turf seed. In addition, favourable prices on ag commodities, such as wheat, oil seed rape and sunflower have made these crops more attractive and put on pressure to get a competitive seed production price. Therefore, in general seed growers have reconsidered whether they should reduce seed production and cultivate a larger proportion of commodities.