Germany's BASF said on Friday that it was lowering its full-year outlook, citing weaker-than-expected global economic growth and reduced demand for its chemicals due to U.S. tariffs.
Tag Archives BASF
New study flags trust failures with big farm data
A researcher says she has found that few producers believe they reap the biggest benefits from the new agricultural technology
The rise of big data in agriculture has also led to questions about data ownership, security and how much farmers actually trust the technology.
BASF slashes dividend amid structural change
REUTERS — German chemicals giant BASF has slashed the dividends it plans to pay out in 2025 and in the following three years to preserve cash as it grapples with weak demand in Europe and considers splitting off several businesses. Its proposed annual dividend of at least US$2.51 is down from the $3.80, or $3.35 […] Read more
Chemical companies beat price-fixing lawsuit
REUTERS — A U.S. judge has dismissed a lawsuit accusing agriculture giants Bayer, Corteva, Syngenta and others of conspiring with wholesalers and retail outlets to fix prices for seeds and crop protection chemicals, causing farmers to pay higher prices. St. Louis-based U.S. District Judge Sarah Pitlyk ruled in mid-September that farmers and other plaintiffs failed […] Read more
Legal drone spraying takes step closer to reality
CFIA says the work that is ongoing to satisfy federal regulatory authorities is moving faster than previously anticipated
The ray of hope might be dim right now, but farmers wanting to legally spray pesticides on their crops using drones may be seeing the first hint of light at the end of the tunnel. Ross Breckels, a senior scientific evaluator with Health Canada’s Pest Management Regulatory Agency (PMRA), said the process of getting common […] Read more
VIDEO: Prairie supply line intact for BASF’s glufosinate
Glacier FarmMedia – As we reported on our sites last week, ag chem firm BASF plans to shut down production of glufosinate ammonium at two plants in Germany by year-end, and shut down formulation of the product at its Frankfurt plant in 2025. Dave Bedard of Grainews visits the BASF site at Ag in Motion […] Read more
BASF to cease production of glufosinate-ammonium herbicide
BERLIN, Germany (Reuters) — BASF plans to shut down production of its glufosinate-ammonium herbicide due to growing competition as well as high energy and raw material costs.The move will impact two production sites in Germany and 300 jobs at those facilities, which will be retained until the end of 2025 and then gradually reduced.BASF said […] Read more
New sclerotinia tool now available
Glacier FarmMedia – Xarvio, BASF’s digital farming arm, has added a sclerotinia risk advisor tool to its Field Manager platform. It is based on a model created by xarvio agronomists and was tested through field trials conducted by BASF throughout the Prairies. “Sclerotinia stem rot is one of the most prolific and devastating diseases impacting […] Read more
New products and old practices recommended
Improved moisture this year means growers may need to dust off practices and products they haven’t used in a while
Recent rain has increased the need for pulse producers to get re-accustomed to disease management practices used in a season with adequate or high moisture that may have been set aside in recent dry years. “Moisture continues to be top of mind as a concern, but these spring rains definitely have been helping,” said Lori […] Read more
Farmers aim for higher yields with less moisture
Trevor Hadwen says recent snowfall in many parts of the Prairies is welcome but is a “drop in the bucket” when it comes to rebuilding soil moisture reserves. The agroclimate specialist with Agriculture Canada’s National Agroclimate Information Service in Regina says a lot of the winter precipitation to date has been lost to the atmosphere. […] Read more
