Seed Company Loyalty Drops According to New Seed Study

Joanna Schroeder

While most of the seed decisions have come and gone for the 2010 growing season, farmers are always thinking about the next year and marketers are always thinking about how to encourage farmers to buy their seed. This year, Successful Farming (SF) conducted a seed study, (and they also do a Farmer Insight Study each year) one that they have done every two years for the past 12 years. This year, there was a pretty big surprise.

What wasn’t a surprise said Curt Blades, the Director for Sales and Marketing for SF, is that farmers continue to have a favorite seed company and this has remained consistent for the past six years. But what has changed is the loyalty to that seed company. SF’s research has shown that in the past, a farmer’s favorite seed company mirrored the farmer’s loyalty to that seed company. Yet this year’s research has shown that company loyalty has fallen sharply in the last three studies.

So what does this mean? “In the past six years there’s been some pretty phenomenal advancements in the technology and there have been some wide swings in the genetics some companies have had, explains Blades. “Also, in the same token, there have been some ownership changes and changes in the way seed has been brought to market.”

It will be interesting, continued Blades, to see how it all plays out.

Another interesting element of the Seed Study was that for the first time SF asked if the price of seed was justified and 40 percent said yes. This is good news for the seed companies said Blades.

To learn more about the Seed Study, listen to my interview with Curt below. Still want to learn more? Current SF advertisers have access to the study for free.

Research, Seed