“Our seed production fields experience the same type of environmental pressures and stresses that our grower customers experienced,” says Hank King, Mycogen Seeds, corn marketing. “Prolonged higher temperatures and low rainfall significantly impacted the summer seed crop in some areas.”

Concerns over seed supply aren’t anything new. During Monsanto’s fourth quarter earnings report, Brett Begemann, Monsanto President and CCO, said: “It is obvious that our business planning is happening against a backdrop of this year’s devastating drought. On the positive side, as farmers turn toward next year, seed is a priority. As I think about seed availability, 2013 is set up to be remarkably similar to 2012. Last year, storms and heat stretched our seed production. This year, it was drought.”