Source: CAROLINA-VIRGINIA FARMER, 11/6/12
Farmers will pay significantly more for the seed they'll plant in 2013 but make up for it with higher returns on their investment, predicts a Purdue University agricultural economist.
Prices for corn seed are expected to rise 5 to 7%, 7 to 10% for soybean seed and more than 10% for wheat seed, says Alan Miller, a farm business management specialist.
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