I am a strong proponent of the use of registered and certified classes of seed of wheat, barley, oats, triticale, and rye. It the best way to ensure that you start with high-quality seed and get the crop off to the best possible start. As the drought worsens and the crops deteriorate further, the question of next year’s seed availability may have already crossed your mind. The Minnesota Crop Improvement Association believes the situation looks reasonably good for next season’s certified seed availability.
However, farming is risk management and you have to start planning for next year’s crop now.
The HRSW July futures have trended up since the beginning of the growing season. Local cash bids for old crop wheat and barley are at least $2.50 higher than they were in the beginning of the year. The markets are signaling they want your old crop. This is also the time of year to empty out on-farm storage and clean the grain bins to prepare for the upcoming harvest.
In light of the current drought, you may not want to sell your entire old crop in spite of the pull of the market. Given the extreme conditions, farm-saved seed may be your best bet to ensure that you have seed of your preferred varieties next year.