A Few Of The Findings From Our 2017 Report
- 95% of FBN members buy from a seed company that relabels
- 38% of corn and 45% of soybean seeds analyzed were sold by multiple brands
- 6.3% of farms purchased duplicate genetic labels, many inadvertently.
What Farmers Said After They Saw The Results
"I typically buy seed from many brands, so I thought I had a good sense of the market. But through the FBN Relabeling Study, I found out I could have saved $20/bag on beans and $25/bag on corn seeds identical to ones I was already planting! Now I can't imagine buying seeds without checking for relabeled alternatives."
"I deliberately break up my seed orders to spread genetic risk across brands and maturities. So much for genetic diversity in my seed selection... This bothers me on so many levels. How can farmers be good stewards when seed companies do not clearly disclose when varieties are cross marketed between competitive brands? I expect the various national seed families to have a lot of relabeling, but am very surprised to see competing companies sharing seed stock."
- The worst price difference within a state between identical relabeled cord seeds was $97/bag (a 35% difference)
- One corn hybrid is sold by at least 15 brands
- 90 seed companies relabel seed
- 95 percent of FBN network members have planted seeds from at least one of the 90 seed companies that relabel
- American corn farmers spend about $1.9B on relabeled seed annually
FBN network members can download the full report from their account: Visit “My Data” and click on “My Reports.”
Building It Into A Product To Serve Farmers
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