Corn seeds are more expensive in 2023

Published 2022년 11월 21일

Tridge summary

The maize seed sector is experiencing price increases and delivery issues due to the impact of the coronavirus, the Ukraine war, energy and transport problems, and inflation. Additionally, maize seed production in 2022 is expected to be severely disappointing, with stocks at historically low levels and quality issues. This is due to higher demand, difficulties in sowing sufficient seed propagation, and the impact of extreme heat on corn seed production. It is recommended that those in need of maize seeds order in advance to ensure availability of preferred varieties.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

We are seeing unprecedented price increases and delivery problems in many sectors and product groups. Causes include corona, the war in Ukraine, energy and transport problems and inflation. We are confronted with the consequences almost every day. Unfortunately, the maize seed sector cannot escape the upward price spiral either. And there is also a problem, namely a severely disappointing seed production in 2022. We explain below why this is and why it is best to order on time. Low stocks and difficulties in securing production Stocks of maize seeds have been steadily declining in recent years. This is due to the higher demand and the difficulties to sow sufficient seed propagation. Finding hectares for maize seed production was made difficult by the war in Ukraine - an important production region. Due to the increased costs and higher payments for production, it was already clear in May-June that the price for a bag of corn in 2023 would be considerably higher. At that time, ...

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