Seed costs have dramatically increased over the last few years. The development of transgenic hybrids and the associated technology fees has driven the cost of hybrid seed to the highest prices ever seen.
It is not unheard of for seed of high-performing premium hybrids to cost $160-$180 per bag, whereas 10 years ago, premium seed would run about $80-$100 per bag. Getting a handle on what the true value of a transgenic hybrid means to farm profitability is challenging.
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