Seed Providers Anticipate a Strong Start to the Season
January 26, 2022 According to the 2021 CropLife 100 survey, seed sales for the U.S.’s top ag retailers improved 6.4% over 2020, topping $5 billion. No wonder seed providers are bullish on 2022.
“We see strong acres for corn, soy, and cotton,” says Scott Stein, North America Corn Product Management Lead for Bayer. “Because of stronger commodity prices, growers are interested in investing in dependable, high performing products — including products offering trait packages.”
Commodity prices definitely play a factor.
“We are experiencing interest in all the commodity seeds such as soy, corn, cotton, and canola,” says Garth Hodges, VP of North America Business Management Seeds at BASF. “Commodity prices are at all time highs right now and growers are looking at their crop rotations and return on their investments.”
In 2022, based on projections from the 2021 CropLife 100 survey, ag retailers expect a shift from corn to soybean. Forty-two percent anticipate demand for soybeans seeds to increase between 1% and 10%. Corteva is focusing on soybeans headed into the new year.
“Corteva has made a huge year-over-year shift to Enlist E3 soybeans and in 2022, we expect that to continue,” says Judd O’Connor, President, U.S. Commercial Business, Corteva Agriscience.
The USDA estimates growers will plant more than 90 million acres each of corn and soybeans this season.
“With input costs top-of-mind, it’s more important than ever for growers to choose the right genetics to maximize return on investment,” says Kirsten Garriott, National Agronomy Manager, LG Seeds.
Joe Bollman, NK corn product manager, Syngenta, agrees
“Growers are interested in yield, consistency, and standability,” he says. “They want to have hybrids on their farm that they know will stand up to any weather challenge they may face.”
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