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| Competition will be stiff in 2025. Bayer has a major soybean issue so they will leverage cheap corn with soybean purchases in 2025 to better the launch of their new quad stack soybean in 2026. Pioneer will be launching Z series soybeans where every dollar is theirs for the first time in 20+ years so they will aggressively try to defend the business they have taken from Bayer the last several years with soybean market share and leverage that into new corn genetics. Pioneer corn has been bleeding $ for quite awhile vs its competition but the breeding program is finally catching up so they can take market share from old Bayer customers that moved to channel this year. (Fontanelle, ect). Chem China (Syngenta) took a lot of Bayer breeders the last few years but it will be awhile before they are back. Becks is the interesting one. Lots of new 3 year agreements sold this year. If that locks in the price than the farmer is going to be giving that fuel trailer, grain trailer or new toys back and then some
Edited by doathlon 2/29/2024 08:00
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Bayer corn trait inflation to continue for 2025 seed
