Brief Seed market update - January 2022
2021 saw a difficult year for seed trading across the industry. We hope that 2022 will show some ease in comparison, however with demand being higher than usual over the festival period, we fear that pricing will increase even further.
Import regulation from the EU has meant that shipping companies have had to increase their prices with costs increasing by as much as 15%, due to increase waiting times, labour costs and fuel costs etc. Shipping from countries in the far east has not yet eased, as we costs at an all time high.
Tensions in Eastern Europe have raised concerns over the security for supply for many seeds with strong demand at present. This could result in a price rise for goods procured from these regions.