While grain prices are high, so too are the inputs that grain growers are facing in the coming years. Experts at a BASF session at the Commodity Classic, told agricultural reporters that farmers should expect seed prices to continue to climb. In 2002, prices for a bag of seed were around $150. This spring, farmers can expect to pay $250 and by 2012 prices could be as much as $350 to $450 per bag. Part of that increase is due to seed treatments joining germplasm and seed traits to provide increased value for the farmer. (Journal photo by Holly Martin.)
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