Based on lower prices at the farm gate and a good USA economy, we expect to see continued expansion in sales in the Spring of 2000. This is probably due to stronger imports. Seed yield is generally described as average and better. We continue to be in a period of price decline until significant reduction in production occurs somewhere. Yields in 1999 on the newest and oldest fields was very good and there is too much forage and off grade seed carryover.
Demand continues to increase in international markets.
Substitution with poor quality K-31 tall fescue is a thing of the past with those companies responsible for unscrupulous practices merged or under new ownership. The most elite varieties, such as our new Onyx and Lion, remain in short supply even as far ahead as 2001 crop. The quality differences now between the oldest varieties are so dramatic that substitution for the newest improved varieties is unacceptable for educated buyers. The turf market will continue to benefit by exciting new developments from Cascade Research Farm. The market is no longer overstocked with common types.