This is the eighth year for the BASF Crop Protection Science Behind media event series held prior to the kickoff of the Commodity Classic and this year the theme is The Advanced Acre.
“The advanced acre is a comprehensive approach that BASF wants to take in its relationship with growers,” said Scott Kay, BASF Vice President for U.S. Crop Protection. “It’s a very good approach to start with the agronomics, talk to the growers about what they have going on on their farm and what they’re planning to do in the future.”
Scott is carrying a different title at BASF these days than the last few times we talked to him. He recently moved from the Canadian Crop Protection division of the company back to the United States, taking the place of Paul Rea who has gone global with BASF.
Scott is excited to be back in the North Carolina BASF headquarters and sharing with the U.S. ag media what BASF is doing to help growers get the most out of every acre. “BASF is very committed to agriculture,” said Scott. “We make up roughly six percent of the overall BASF business, yet we receive 35% of the overall R&D investment. That equates to about two million dollars every day.”
BASF now expects its crop protection R&D pipeline to achieve a peak sales potential of nearly €2.1 billion ($2.9 billion), an increase of €400 million over the past year, driven primarily by global demand for BASF’s new Xemium fungicide and Kixor herbicide. BASF also plans to launch a host of new products across a wide range of crops and markets until the end of the decade. Supported by favorable market trends, the R&D pipeline and continued investments will contribute to the Crop Protection division reaching its previously-announced sales target of €8 billion ($11 billion) by 2020.
Listen to my interview with Scott here: Interview with Scott Kay, BASF
Listen to Scott’s Science Behind presentation here: BASF Science Behind with Scott Kay
BASF at the 2014 Commodity Classic Photos