Well, at least they won't need a bailout. Seems to me there is a fair amount of price gouging going on there just because they want to.
 
Look at it this way dave.

Your in the industry that buys all your inputs at retail prices and then you sell your finished product at wholesale prices.

Don't that make you feel good???

Gary
 
I sure hope they got their corn's standability problem solved. This spring a lot of former Dekalb seed users planted something else because their Dekalb fell over bad in 08 and then Monsanto raised the prices on top of it. Now they raise the prices again. Jim
 
Look at the bright side. I figure the triple stack seed saves me about $55/acre in herbicide and insecticide costs as long as I use generic glyphosate. Figuring a bag plants 2.5 acres, that saves me about $135-$140/ bag of seed. I paid (on average) around $245/bag of seed this year. Considering the savings on pesticide, net cost of about $105/bag for seed. This is less than conventional seed sold for around here, so I saved money/bag. Then consider the higher yield from the gmo seed, and I am money ahead. If I like Monsanto or not, they make me money. Plus I don't have to use granular insecticides and more toxic(compared to roundup)herbicides.
 

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