Media
BASF: Using comprehensive pest management program helps net positive ROI
RESEARCH TRIANGLE PARK, NC, April 2, 2012 -- When making crop protection product purchase decisions, return on investment (ROI) is always an important factor. One verified method for helping to maximize yield and realize a higher return on investment in corn and soybeans is to use a program that features a combination of herbicides, fungicides and insecticides to control weeds, diseases and insect pests.
Recent BASF research illustrates the impact and financial benefit that pest control programs with herbicides, fungicides and insecticides from BASF Crop Protection can have on yield and farmers’ ROI. Replicated field studies conducted at university and BASF sites throughout the Midwest found:
- An estimated ROI of $2.70 for each dollar invested in a BASF complete pest management program in corn over an atrazine-based program, according to research from 2010 and 2011.1
- An estimated ROI of $3.47 for each additional dollar invested in the BASF program in soybeans over a total post glyphosate approach, according to research from 2010.2
In addition to increasing ROI estimates, the studies also showed that use of a comprehensive pest management program leads to an average 11.7 bu/A increase in corn over an atrazine-based approach3 and an average 6.8 bu/A increase in soybeans over a glyphosate-based program.4
With strong commodity prices, every bushel counts. For more information on how the BASF portfolio can help increase ROI and yields, contact your local authorized BASF retailer and visit http://on.basf.com/yieldadvantageresults .
For more information on BASF Crop protection products, visit http://agproducts.basf.us, like us on Facebook and follow us on Twitter.
About the Crop Protection division
With sales of € 4.1 billion in 2011, BASF’s Crop Protection division is a leader in crop protection and a strong partner to the farming industry providing well-established and innovative fungicides, insecticides and herbicides. Farmers use these products and services to improve crop yields and crop quality. Other uses include public health, structural/urban pest control, turf and ornamental plants, vegetation management, and forestry. BASF aims to turn knowledge rapidly into market success. The vision of BASF’s Crop Protection division is to be the world’s leading innovator, optimizing agricultural production, improving nutrition, and thus enhancing the quality of life for a growing world population. Further information can be found on the web at www.agro.basf.com or follow us on twitter: www.twitter.com/basfagro.
BASF – The Chemical Company
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,000 employees in North America, and had sales of $19.9 billion in 2011. For more information about BASF’s North American operations, visit www.basf.us.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.
1 2010 and 2011 ROI and additional profit based on a weighted average.
2 Soybean: $3.47/A = Estimate ROI calculated based on a $30/A BASF soybean portfolio treatment (OpTill® herbicide, Headline® fungicide, Respect® insecticide and glyphosate post application). $104.20/A increased revenue = 9.1 bu/A increase multiplied by $11.45 (Average of reported USDA U.S. Season Average soybean prices - $10.70-12.20 bu/A - as reported 11/10/10). $74.20 increased profit = 104.20 – 30.00.
3 Data compiled from 2010 and 2011 BASF (6) and university (13) field trials: BASF (Illinois-2, Tennessee-2, & New York-2), University of Illinois, University of Missouri-2, University of Nebraska, University of Wisconsin, Iowa State University-2, Colorado State University, Southern Illinois University-2, South Dakota State University, Purdue University-2. All treatments included adjuvants as required.
4 Data compiled from 2010 and 2011 BASF (5) and university (20) field trials: BASF (Illinois-2, Minnesota, New York, & Tennessee), University of Illinois-2, University of Kentucky, University of Minnesota, University of Missouri-2, University of Nebraska-2, University of Wisconsin, Iowa State University, Kansas State University, Michigan State University, The Ohio State University, Southern Illinois University-2, North Dakota State University, South Dakota State University-2, Purdue University-2. All treatments included adjuvants as required. BASF Residual program: OpTill herbicide, Sharpen® herbicide, Sharpen + Zidua® herbicide or Sharpen + Prowl® H2O herbicide.
Always read and follow label directions.
Headline, OpTill, Prowl H2O, Respect, Sharpen and Zidua are registered trademarks of BASF.
©2012 BASF Corporation. All Rights Reserved. APN 12-11-002-0025ga-7
P-12-074