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BASF Sees Decline in Quarterly Profits

By Amanda Brodhagen, Farms.com

The world’s largest chemical company – Germany’s BASF shares fell 3.97 percent to 67.09 euros Thursday at the Frankfurt Stock Exchange. Despite its fall in net profits in the second quarter, BASF held on to its targets.

BASF said that a volatile global environment would be more challenging than expected. The company makes a variety of chemicals including for plastics, paints, drugs and agriculture.

The company’s Agriculture Solutions segment performed well, with sales in agriculture increasing in the second quarter by 18%, 1.7 euros. BASF said higher prices coupled with the acquisition of Becker Underwood helped boost growth.
 


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SaskAgToday.com Roundtable: India imposes a 30% duty on all yellow pea imports

Video: SaskAgToday.com Roundtable: India imposes a 30% duty on all yellow pea imports

Canadian farmers have another barrier to deal with when marketing grain. India announced it will issue a 30% duty on all yellow pea imports, including from Canada, effective Saturday, November 1. That was the main topic of the SaskAgToday.com Roundtable, though it's not the only one as the final crop report of 2025, SARM's recent trip to Ottawa, and the upcoming Grain Millers Harvest Showdown in Yorkton were other notable topics.