Seed
Samuel Taylor, senior analyst for farm inputs at Rabobank, shares what to watch for the fertilizer, seed and crop protection price outlook.
USDA’s latest insights show the two companies dominated U.S. retail seed sales for the three crops from 2018 through 2020. That is the most recent period for which market estimates are available.
The oilseed crop offers farmers the opportunity to grow three crops in two years. It can be used for sustainable aviation fuel, renewable diesel and animal feed production.
The new technology is designed to improve seedling vigor, boost root biomass and contribute to yield increases – up to 15% in corn and 12% in soybeans. It will be commercially available starting in 2024.
Modern, high-tech planters can produce “picket fence” stands of corn with seedlings so uniform they look like they’ve been photocopied. But does precise planting pay?
The company says these new products balance crop production needs with environmental stewardship to increase yields responsibly and efficiently.
Several federal agencies are working together on competition issues in the seed sector as part of a broader Biden administration push to enhance competition in agriculture.
“Gene editing is the analog to digital moment for agriculture,” says Rory Riggs, co-founder of Cibus and newly named CEO of the merged company.
Tending to the fertilizer needs of a field means assessing the past, present and future in order to hit the profitable and environmentally sound bull’s-eye.
To date, the percent of farmers who buy any portion of their farm inputs online has grown until last year when it dipped by one percentage point.