As seed companies continue to deliver new genetics and trait packages in their seed products, producers can expect to pay a bit more in 2013. While individual pricing packages vary depending on the product mix, industry sources indicate seed will be 5% to 10% higher.

A diverse product offering, increased costs of production, and significant investments in research and development have helped to push prices higher. And with historically tight inventories that are driven by increased demand and less than stellar seed production years, it’s unlikely that any significant discounts will await producers who hold off their purchases.

“Pricing will depend on the product mix and hybrids a farmer chooses,” says Danielle Stuart, a spokesperson for Monsanto. “If a farmer selects a new hybrid, it will be priced slightly higher than a hybrid that has been on the market for a few years.”