RESEARCH TRIANGLE PARK, NC, July 16, 2008 -- BASF Plant Science and Matthews Feed and Grain have teamed up to sponsor the Delaware County 4-H, presenting the organization with a $2,000 check during the 2008 county fair livestock auction. The sponsorship furthers the commitment of BASF Plant Science and Matthews Feed and Grain to support local youth involved with livestock.
“BASF Plant Science is pleased to have the opportunity to partner with Matthews Feed and Grain to support Delaware County youth and their involvement with the livestock industry,” said Mike Jackson, NutriDense Program Manager. “Our commitment to Delaware County 4-H is an example of how our NutriDense® sales team is involved with local agricultural community activities where we live and work. It is a way for us to help insure the sustainability of agriculture through youth programs such as the Delaware County 4-H program.”
The money presented to the Delaware County 4-H will sponsor sandwiches and drinks for buyers during the auction and a portion of the meal for livestock auction buyers immediately following the sale. The sale will take place on Wednesday, July 16th, at 2:00 p.m. at the county fair grounds.
“We are happy to support the Delaware County 4-H through our donation,” said Brantt Huston, Feed Sales Manager of Matthews Feed and Grain in Matthews, Indiana. “Young people involved in agriculture are important to our local economy, and are vital to the future of our industry.”
In December of 2006, BASF Plant Science and Matthews Feed and Grain signed an agreement to allow the grain elevator to contract with area growers to grow hybrids carrying NutriDense traits and offer the resulting grain to its customers. Under the arrangement, growers who agree to bring their NutriDense grain to Matthews Feed and Grain receive a $0.25/bushel premium. Together, BASF Plant Science and Matthews Feed and Grain are providing higher profits for local corn growers, increased revenue for the elevator and more high-quality corn for pork producers.
NutriDense® elevates energy levels and provides higher overall protein content, allowing pork producers to reduce feed costs and gain feeding efficiencies enhancing their bottom line.
About BASF Plant Science
All BASF activities involving plant biotechnology are incorporated in BASF Plant Science. BASF Plant Science coordinates an international research and technology platform with eight sites in five countries in Europe and North America and employs about 700 people. In addition, BASF Plant Science has established numerous complementary cooperations with research institutes, universities and biotechnology companies in Europe and North America. The research activities of BASF Plant Science are concentrated in the areas of more efficient agriculture, renewable raw material and a healthier nutrition for humans and animals. These include, for example, plants with improved agronomic characteristics, a higher content of vitamins or omega-3 fatty acids for preventing cardiovascular diseases, as well as plants with a higher nutritional value for animals.
Between 2006 and 2008 BASF is investing $430 million (U.S.) in the expansion of its plant biotechnology operations.
To find out more about BASF Plant Science, please see our Web site at: http://www.basf.com/biotechnology.
More about NutriDense® can be found at http://www.nutridense.com.
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BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $16.4 billion in 2007. For more information about BASF’s North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner, BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. Further information on BASF is available on the Internet at www.basf.com.
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