BASF Reaffirms Its Commitment To Ag

Most observers would agree that these are interesting times to be involved in the agricultural market. Since the market crash of mid-2008, commodity prices have remained high and growers and their suppliers have largely been the beneficiaries of this growth.

BASF Crop Protection President Markus Heldt.
BASF Crop Protection President Markus Heldt.

Markus Heldt, president of the Crop Protection Division for BASF, pointed this out at the company’s recent Press Tour in Limburgerhof, Germany. “We’ve seen a lot of change in the ag chemicals industry over the past 30 years,” said Heldt. “But the most exciting times have occurred over the past three to four years.”

In particular, Heldt indicated that the increasing number of weeds showing some form of resistance to herbicides around the globe has been one of the key drivers of how the crop protection marketplace is re-shaping itself. “Let’s face it — many of the herbicide programs growers have used over the past 35 years are not working any longer,” he said. “And this situation will likely gets worse before it gets better. Weed resistance will change the entire market for farmers everywhere.”

Despite these difficulties, Heldt said BASF’s commitment to crop protection innovation remains unchanged. “The backbone of our business, today and into the future, is crop protection,” he said. “This success stems from our commitment to providing innovations that address the importance of having sufficient and high quality food for a growing population. We continue to expand our portfolio, far and beyond crop protection products, to deliver integrated technologies that can help growers run their business more efficiently.”

BASF Representative Sarah Dunker holds an example of the company's Xemium herbicide molecule.
BASF Representative Sarah Dunker holds an example of the company’s Xemium herbicide molecule.

To support this level of growth, BASF plans to invest more than $2.4 billion to build and upgrade production and formulation capabilities over the next five years, approximately doubling the company’s current investment level. This figure covers plans to expand production capabilities for the company’s fungicides F500 and Xemium in Germany and herbicides dicamba and Kixor, which are produced for the U.S. market. Overall, added Heldt, Crop Protection Division sales are projected to surpass $10.9 billion by 2020.

Integrating Functional Crop Care

One of the other topics of discussion at the BASF Press Tour concerned the company’s newly established Functional Crop Care global unit, which includes the complete integration of U.S.-based Becker Underwood. “With BASF’s research capabilities and innovative product portfolio, Functional Crop Care is uniquely set up to harness the progress achieved through our interdisciplinary chemistry and biology research,” said Jürgen Huff, senior vice president, Functional Crop Care. “This will help us to unlock agricultural potential in new areas such as soil management, where we look for products to enhance water and nutrient management in the soil.

One of the first such projects in this endeavor is LIMUS. According to Huff, LIMUS is a technology using soil organisms that can help stem the amount of applied nitrogen lost to the plants through evaporation into the air. “Nitrogen is responsible for sustaining approximately 45% of the world’s population,” he said. “Unfortunately, approximately 50% of the applied nitrogen ends up getting lost in the air and is not available for the plant to capture.”

But by using LIMUS, said Huff, users will be able to significantly reduce this rate of degradation, allowing the plants to utilize more of the nitrogen being applied to the soil. “Right now, we are still field testing LIMUS, but we hope to have it ready for the market by the middle of the next decade,” he said.

Topics:

Leave a Reply

Crop Inputs Stories

Pam Marrone
Crop InputsMarrone Bio Innovations Enters Biostimulants Market With Launch Of Haven Anti-Transpirant
March 23, 2017
Marrone Bio Innovations, Inc. is expanding beyond biopesticides and crop protection and into the biostimulant market by commercially launching Haven Read More
Nutrients for Life Foundation Teacher
FertilizerNutrients For Life Foundation Celebrates 10 Years Teaching Fertilizer Education
March 23, 2017
Those in agriculture know fertilizer is a vital ingredient to grow strong, productive crops. In fact, fertilizer is responsible for Read More
Corn Field
Crop InputsUltra Yield Micronutrients Acquires Kronos Micronutrients
March 16, 2017
Ultra Yield Micronutrients, Inc. ”Ultra”, an affiliate of Cameron Chemicals, Inc., is pleased to announce that it has acquired the Read More
Soybean Field
Seed/BiotechBayer Invests $8.1 million In Soybean Advancement In The Midwest
March 16, 2017
Growers in Illinois and across the Midwest now have the added benefit of a state-of-the-art soybean research facility, increasing accessibility Read More
Trending Articles
AdjuvantsA New Weed-Control Era Begins: But First, One Last Obstacle
March 4, 2017
There is trepidation, there is reluctance, and there is excitement. Ag retailers feel it all about the new dicamba and Read More
LIFT Academy video screenshot
Crop InputsLIFT Agriculture Academy: A Q&A With West Central Distribution’s Dean Hendrickson
March 1, 2017
West Central Distribution recently launched its LIFT Agriculture Academy, a new, premiere training and professional development resource for West Central’s ag Read More
Farmer and aptop
Matt Hopkins10 Warning Signs Your Website Is Grossly Outdated
February 8, 2017
Your Website is often a visitor’s first impression of your ag retail business. A positive first impression can set the Read More
AgriSync
Matt Hopkins17 Agriculture Apps That Will Help You Farm Smarter In 2017
December 9, 2016
Ag professionals are working smarter, not harder, than ever before. Smart farming technologies have enabled them to reduce costs, maximize Read More
R4023 Sprayer, John Deere
CropLife 100Ag Retail Equipment Report: The Green Party Continues
December 7, 2016
In the annual race for sales in the ag retail equipment marketplace, the color schemes for participants are a little Read More
Mike Stern
Precision AgClimate Corp. CEO Talks Retailer Support For Digital Ag
December 1, 2016
CropLife Magazine’s sister publication, AgriBusiness Global, recently sat down with Mike Stern, CEO of The Climate Corp., following the Monsanto subsidiary’s Read More
Latest News
UncategorizedPrecision Ag, Iowa Water, and GM Corn Updates
March 24, 2017
Editors Paul Schrimpf and Eric Sfiligoj look at the state of precision agriculture, the dismissal of the Des Moines Water Read More
Pam Marrone
Crop InputsMarrone Bio Innovations Enters Biostimulants Market Wit…
March 23, 2017
Marrone Bio Innovations, Inc. is expanding beyond biopesticides and crop protection and into the biostimulant market by commercially launching Haven Read More
Nutrients for Life Foundation Teacher
FertilizerNutrients For Life Foundation Celebrates 10 Years Teach…
March 23, 2017
Those in agriculture know fertilizer is a vital ingredient to grow strong, productive crops. In fact, fertilizer is responsible for Read More
ManagementThink You Know Water? Take WinField United’s R…
March 22, 2017
Water is among our most precious resources, and arguably the hardest working, with just one percent available for human use, Read More
Corn Field
LegislationTFI Hopes Court Dismissal Is ‘Final Chapter’…
March 20, 2017
The Fertilizer Institute (TFI) released the following statement from President, Chris Jahn on the March 17, 2017, federal court dismissal Read More
Wheat Growers
Industry NewsWheat Growers CEO Dale Locken To Retire
March 20, 2017
CEO Dale Locken has announced that he plans to retire from Wheat Growers. Locken has served almost 15 years as Read More
Bayer Monsanto
Eric SfiligojBayer-Monsanto: Life, LibertyLink, And The Pursuit Of R…
March 20, 2017
As the calendar officially turns to spring, life is in full renewal mode. Flowers are blooming, birds are singing, and Read More
Corn Field
Crop InputsUltra Yield Micronutrients Acquires Kronos Micronutrien…
March 16, 2017
Ultra Yield Micronutrients, Inc. ”Ultra”, an affiliate of Cameron Chemicals, Inc., is pleased to announce that it has acquired the Read More
ManagementSnowstorms, Asset Sales, and Soybeans Prices
March 16, 2017
Editors Paul Schrimpf and Eric Sfiligoj discuss the weather, precision ag, crop protection company mergers, and commodity prices in this Read More
Soybean Field
Seed/BiotechBayer Invests $8.1 million In Soybean Advancement In Th…
March 16, 2017
Growers in Illinois and across the Midwest now have the added benefit of a state-of-the-art soybean research facility, increasing accessibility Read More
CHS
CropLife 100CHS Acquires Western Co-op Transport Association
March 16, 2017
CHS Inc., North America’s leading farmer-owned cooperative and a global energy, grains and foods company, has purchased Western Co-op Transport Read More
Young corn plants in soil
HerbicidesBest Management Practices To Control PPO-Resistant Weed…
March 14, 2017
Weeds resistant to the class of herbicides called protoporphyrinogen oxidase (PPO) inhibitors are spreading at a faster rate than weed Read More
Photo credit: The United Soybean Board/The Soybean Checkoff.
Eric SfiligojFungicide Resistance On The Horizon
March 13, 2017
For many years now, the agricultural market has struggled to keep ahead of an ever-growing number of herbicide-resistant weeds. According Read More
Management2017 Commodity Classic Review
March 10, 2017
Editors Paul Schrimpf and Eric Sfiligoj discuss what happened at the recent Commodity Classic in San Antonio. Read More
Farmer using AgriSync
ManagementMajor AgriSync Update Aims To Extend Ag Experts’ Power …
March 10, 2017
AgriSync announced a major update to its leading collaboration and service management tool for professional ag advisors and their farmer Read More
Agrible Pocket Spray Smart App
EquipmentNew Agrible Pocket Spray Smart App Alleviates Spraying …
March 10, 2017
There’s a new app to help farmers decide when to spray their fields. Pocket Spray Smart is a free iOS Read More
BPIA logo
Crop InputsBiological Products Trade Association Changes Name, Exp…
March 9, 2017
The Biological Products Industry Alliance (BPIA), formerly the BioPesticide Industry Alliance, is the new name of the rapidly growing U.S.-based Read More
BBI MagnaSpread Salford BBI
Equipment14 Fertilizer Spreaders For 2017
March 9, 2017
Application equipment manufacturers stressed flexibility and accuracy with this year’s crop of fertilizer spreaders. From AGCO’s TerraGator TG9300B and Case IH’s 810 Read More