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.
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BASF cuts 2025 outlook as tariffs weigh on global economy
BASF’s agriculture arm eyes seeds and Asia as it prepares for listing
BASF's agriculture unit is aiming to expand in Asia and global seed markets as it prepares for a stock market listing in about two years, a senior executive told Reuters.
BASF confirms earnings outlook but warns of high uncertainty from trade duties
German chemicals giant BASF said on Friday it was facing high levels of uncertainty from U.S. tariffs and other countries’ reactions to them, but reaffirmed its earnings guidance for lack of clearer economic indicators.
Editor’s Rant: The price tag on progress
Points to ponder as a seed company announces a hybrid wheat breakthrough
All things considered, the announcement is more of a surprise than it should have been. Corteva Agriscience in mid-November said it’s made a “revolutionary breakthrough” with which it expects to produce hybrid hard red winter wheat for the North American market “as early as 2027” and add other hybrid wheats to the product line over […] Read more
Louis Dreyfus to buy BASF’s food and health performance ingredients business
Commodity group Louis Dreyfus Company (LDC) said on Monday it had signed a binding agreement to buy German chemicals maker BASF's Food and Health Performance Ingredients business as part of its diversification push.
Can John Deere’s See and Spray system more than pay for itself?
Analysis of 2024 use shows significant reduction in herbicide use and costs
Iowa State University in late August published the results of its field-scale trials of John Deere’s precision spraying system See and Spray Ultimate, and the outcomes were impressive, to say the least. Deere’s system uses artificial intelligence and machine-based learning to identify weeds in a growing crop and make targeted applications. The Iowa trials consisted […] Read more
Bayer’s shares sink to 20-year low on 2025 earnings fall forecast
Bayer said on Tuesday that weak agricultural markets mean its earnings are likely to fall further next year, sparking a sharp fall in the German company's shares and piling pressure on its CEO to deliver on his turnaround efforts.
BASF targets partial listing of agriculture division
BASF is planning a partial listing of its agricultural business because the stock market is underestimating the unit's earnings prospects within the group, the German chemicals giant's new CEO told staff on Wednesday.
BASF to prepare agricultural business for IPO, reports Bloomberg
BASF plans to prepare its agricultural chemicals business for an initial public offering in the next few years as part of restructuring measures set to be announced by the chemicals group this month, Bloomberg News reported on Wednesday.
Bayer, others defeat US farmers’ chemical price-fixing lawsuit
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
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