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Hanford, CA | I am not a supplier and never have been. I contract seed production and farm just that. I take a 5 yr average of commodity price or look at the price I could forward contract for that year. I use whichever number is higher, add 25% to that price and build that into a contract. So that is why seed price doesn't necessarily go down, because seed companies are purchasing the seed at a much higher commodity price than the spot price. You ask when enough is enough? When my home insurance, car insurance, liability insurance, water prices, vehicle prices, tractor prices, medical prices, etc. go down, I guess that is when everything else will go down. Get use to it...everything is costing more and prices aren't going down. I expect seed prices to go up, I expect tech fees to go up, I expect things to cost more because everything else does as well. | |
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