Royalty proponents, I think alot of people are afraid of how this is going to evolve or what it will morph into.
Thomas, I think most people realize the Royalties don't stay with the pedigreed seed growers.
But also please don't try and convince us there is no premium for growing seed, and we know there are extra associated costs over and above commodity(food) grain production.
What if it looks like the canola seed market in a decade? Farm saved seed wheat helps keep costs down and gives us a better chance to be pprofitable.
What happens if extra costs associated with the use of farm saved seed become so great that it wouldn't pay to seed bin run.....enter seed growers.
If "only" a dollar a tonne is collected initially.....where is it going to end?
30 million tonnes per year....at 5 bucks a tonne,,,,150 million year in year out out of Producer's pockets, how much will be directed to R&D and how much to Co's bottom line profit?
What do we need? Fusarium RESISTANCE, nitrogen fixing ability, Bi/perennial wheat, how is any gene altered wheat going to be accepted, herbicide resistance, better agronomic packages in the varieties.
I don't know if we need more bushels.
Shouldn't the whole Industry pay for the perceived benefits, not one group paying and the rest benefiting from being able to handle more or extract more money for better quality or maybe even sell us more junk to produce the crop.
I don't think the system was broken so why are we "fixing" it.....and for who?
Thomas, I think most people realize the Royalties don't stay with the pedigreed seed growers.
But also please don't try and convince us there is no premium for growing seed, and we know there are extra associated costs over and above commodity(food) grain production.
What if it looks like the canola seed market in a decade? Farm saved seed wheat helps keep costs down and gives us a better chance to be pprofitable.
What happens if extra costs associated with the use of farm saved seed become so great that it wouldn't pay to seed bin run.....enter seed growers.
If "only" a dollar a tonne is collected initially.....where is it going to end?
30 million tonnes per year....at 5 bucks a tonne,,,,150 million year in year out out of Producer's pockets, how much will be directed to R&D and how much to Co's bottom line profit?
What do we need? Fusarium RESISTANCE, nitrogen fixing ability, Bi/perennial wheat, how is any gene altered wheat going to be accepted, herbicide resistance, better agronomic packages in the varieties.
I don't know if we need more bushels.
Shouldn't the whole Industry pay for the perceived benefits, not one group paying and the rest benefiting from being able to handle more or extract more money for better quality or maybe even sell us more junk to produce the crop.
I don't think the system was broken so why are we "fixing" it.....and for who?
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