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A strong interest by farmers in growing non-GMO soybeans next year may be leading to lower premiums offered by buyers of the product.

Wayne Hoener, vice president of sales for eMerge, a Des Moines-based seed company that sells non-GMO corn and soybean seed to farmers, says there has been strong interest from farmers for non-GMO seed for next spring.

There are several reasons for that interest, he says.

One is the declining commodity prices. A premium of $2 per bushel, for example, marks a higher percentage at $9 beans than at $13 beans.

The same is true of the corn premiums. The premium total may be slipping, but it still figures to a higher percentage of price than a year or two ago.

Another reason is weed pressure. There have long been concerns about the potential for weed resistance to glyphosate. Some farmers may be making the switch as one way of dealing with that weed pressure.

“You have people questioning the value of the Roundup gene,” says Iowa State University weed specialist Bob Hartzler. “How many are doing it (making the switch) because of that concern, I don’t know.”

Even without those concerns, interest in non-GMO crops has been increasing in recent years, Hoener says. One reason for that is companies producing non-GMO seed have done a better job of producing varieties that yield as well as the GMO varieties.