BASF announces its ten-year outlook on agricultural innovations that support food security for future generations, while minimizing the impact of agriculture on the climate and the environment. The company focuses on improving agricultural results in major crops, such as wheat, canola, soybeans, corn, cotton, rice, as well as fruits and vegetables.
According to estimates by the Food and Agriculture Organization of the United Nations (FAO), these crops account for more than 50% of the world’s agricultural land, which is why innovations applied on such a large scale have the potential to make agriculture even more productive and sustainable.
Within these core crops, BASF continues to innovate its pipeline of seeds and traits, seed treatment, biological and chemical crop protection, and digital agriculture solutions and will launch major pipeline projects. in all areas of activity over the next decade. The value of the innovation pipeline is strong, with peak sales potential estimated at over €7.5 billion. The importance of BASF’s products and solutions to society continues to grow, as the company systematically integrates sustainability criteria into its agricultural research. In 2021, it spent around 900 million euros on R&D in the agricultural solutions segment, which represents around 11% of the segment’s sales. In 2022, BASF will continue to invest in research and development of agricultural innovations at a high level.
While focusing on selected cropping systems in key regions, the company adapts its products, technologies and services to help farmers grow their crops optimally, even in harsh environmental conditions. “Innovation in agriculture is essential to enable sustainable food production. We need to strike the right balance for greater yield – yield produced in a way that meets the demands of future generations, has minimal impact on the environment and helps farmers earn a living,” said Dr Livio Tedeschi , president of BASF Agricultural Solutions. “Our innovations enable agriculture that is both more productive and more sustainable, key levers identified by the United Nations and integrated into their Sustainable Development Goals. At BASF Agricultural Solutions, we have made it a priority and are committed to clear and measurable targets to boost sustainable agriculture by 2030.”
“Over the past decade, we have developed a broad portfolio that leverages all the technologies needed for a more sustainable future of agriculture,” said Dr. Peter Eckes, President R&D and Regulatory, BASF Agricultural Solutions. “As a reliable and trusted innovation partner, our pursuit of agricultural solutions reflects a long-term strategy that gives farmers stability in a changing world and enables them to increase yields and reduce the impact of agriculture on natural resources.”
Preserving biodiversity by combining hybrid wheat Ideltis™, crop protection and digital tools in Europe
To meet the needs of a growing world population, wheat farmers need to increase their yield by 1.7% per year for the next 20 years. BASF contributes to this by seeking combinations of its offer that optimize agricultural results and sustainability. The Ideltis™ hybrid wheat will be launched in the second half of the decade. It will be supported by xarvio® Digital agriculture solutions for optimized seeding recommendations through the analysis of area-specific field data and the precise application of sustainable crop protection innovations, such as Revysol® fungicide, insecticide Axalion™ and Luximo® herbicide. Revysol® increases yield, potentially allowing the farmer to achieve the same yield with 4% less farmland. Innovations in Revysol® the formulation also allows farmers to reduce the amount of fungicide applied, further reducing CO2 production.
“Increasing wheat crop yields using environmentally friendly practices is essential to providing affordable food, reversing biodiversity loss and meeting the Paris Climate Agreement goal of limit global warming,” said Gustavo Palerosi Carneiro, Senior Vice President of BASF Agricultural Solutions EMEA & CIS. “This is what we are aiming for with our holistic approach to wheat production in Europe.”
Patrice Sainsard, a French wheat producer, is counting on these connected innovations to improve wheat yield: “I have been faced with increasingly difficult climatic conditions in recent years. It’s hard to get a decent yield, but we need to have bigger and more stable yields of wheat to meet the nutritional needs of a growing population – with the new restrictions imposed by the European Green Deal, we basically need to do more with less.