Soon the Australian farmers will have access to Ascot, the first BASF-bred wheat seed, in 2021 as BASF and its commercial partner Seednet have confirmed.
Notably, Ascot is the first in a series of wheat varieties to be commercialised by BASF nationally thanks to the years of research.
According to sources, Ascot has shown excellent yield potential during development.
“We see the development of new varieties as the key to increasing productivity,” said Rob Hall, Seeds & Traits Business Head Asia Pacific, BASF.
“Ascot will be the first release from our wheat breeding program and is the result of our investment in research at Longerenong. We look forward to producing a range of exciting wheat varieties in the next few years,” Hall added.
It is to be noted here that in 2019, BASF posted sales of about €359 million in Australia and New Zealand. At present, it serves key industries in the construction, farming, coatings, manufacturing and mining sectors there.