Corn seed prices down slightly after big runup
Successful Farming reports that a drop in expenses, such as fertilizer, has been a rare bit of good news for corn farmers watching grain prices tumble in recent years. Seed corn prices are down, too, but still far higher than they had been for years. Adjusted for inflation, corn seed expense was mostly $40 per acre from 1975 through the mid-2000s. In 2005, it reached a high of $105 per acre in 2015. For 2017, corn seed expense was $99 per acre, a $6.25-per-acre decline over two years.
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