If there’s one thing that concerns the whole industry — global or not — it’s the commodity market. And unfortunately, it’s something that’s changing constantly. Energy prices are high, fertilizer prices are high, and with all of the global events constantly fluctuating, everything is up in the air.
“With all the increasing cost prices for fertilizers and so on, seed prices also need to go up,” says Soren Halbye, executive vice president of greater Europe and South America at DLF. “Especially when we look at our farmers, they are looking for alternative crops where they can get the highest return on the farms.”
Halbye says that one of the areas DLF is looking at as a seed company is to ensure they’re paying their farmers a price that matches the commodities and price levels they see in the market.
“That’s a challenge for DLF and for all seed companies to carry these prices into the market,” he says. “There’s a lot of different dynamics.”
When it comes to harvesting, DLF says they had a decent harvest in Europe, so they can continue to have different seed availabilities around the world. Though, supply chain and transportation issues continue to be a concern.
Soren Halbye was interviewed by Marcel Bruins at the International Seed Federation’s World Seed Congress May 16-18.
