BASF presents the latest advancements in its agricultural innovation pipeline of crop protection, seeds and traits, and digital solutions. Their focus is to provide much-needed solutions for farmers to overcome local and crop system specific pest pressures, climate challenges, changing regulatory requirements and rising consumer expectations. Executing on its strategy in agriculture announced in 2019, the company is directing its innovations to improve outcomes for major regional crops, such as soy in the Americas, fruits and vegetables in Europe and rice in Asia Pacific. The value of the innovation pipeline remains strong, with an estimated peak sales potential of more than €7.5 billion fueled by products launched within the next ten years.
“Our goal is to become an ever more integrated provider of agricultural solutions and to expand the options we can offer to farmers. This is why we continue to invest substantially across our broad pipeline of agricultural technologies, with €944 million spent on Research & Development in 2022,” said Dr. Livio Tedeschi, President of BASF Agricultural Solutions. “Farmers can continue to rely on us to innovate and deliver new active ingredients, innovative formulations, and traits to get more value from their production, both economically and environmentally.”
“Our pipeline demonstrates that we are not only leveraging our deep expertise in chemistry and environmental sciences, but also matching it with leading biotechnology and digitalization approaches for next generation solutions,” adds Dr. Peter Eckes, President R&D and Regulatory of BASF Agricultural Solutions. “BASF’s industry-leading weed-control pipeline is a premier example of how our multidisciplinary approach yields solutions that balance the needs of farmers, society and the environment.”
In North and Latin America, BASF is advancing several weed management solutions, matching new herbicide modes of action active ingredients with innovative traits and precision farming technologies in major crops such as soybean. These solutions facilitate climate-smart and environmentally responsible farming practices, such as minimum tillage and efficient use of crop protection chemistries:
In addition, BASF is releasing unmatched weed management solutions for farmers in Europe:
In Europe, BASF aims to improve fruit and vegetable quality and flavor, and to reduce food loss and waste through seed breeding and innovations in chemistry and digital:
o Different novel resistance to ToBRFV are available in commercial varieties at large scale in Spain, the Netherlands as well as in Turkey, Morocco, Canada and Mexico besides various other countries
o Launched in Europe throughout 2021 and 2022, the Tayson variety of processing tomato has dual resistance against TSWV, which complements the variety’s already most complete trait package on the market.
Farmers growing rice – the major crop for the main continent of Asia – face growing pressure from resistant weeds, diseases, and pest insects. BASF actively supports farmers to overcome these challenges through a broad portfolio of technologies. Multiple new chemistries and formulations are expected before mid-decade aimed at improving outcomes in rice:
Farming is fundamental to provide enough healthy and affordable food for a rapidly growing population while reducing environmental impacts. Working with partners and agricultural experts and by integrating sustainability criteria into all business decisions, we help farmers to create a positive impact on sustainable agriculture. That’s why we invest in a strong R&D pipeline, connecting innovative thinking with practical action in the field. Our portfolio comprises seeds and specifically selected plant traits, chemical and biological crop protection, solutions for soil management, plant health, pest control and digital farming. With expert teams in the lab, field, office and in production, we strive to find the right balance for success – for farmers, agriculture and future generations. In 2022, our division generated sales of €10.3 billion. For more information, please visit www.agriculture.basf.com or any of our social media channels.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €87.3 billion in 2022. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.
BASF Media Relations
Julian Prade
Tel.: +49 172 6270719
Email: julian-niclas.prade@basf.com