Navigating Tough Times: BASF's 0% Financing Offers a Bright Spot for Farmers

The U.S. farm economy is facing challenging times, with farmers increasingly relying on operating loans as their revenues tighten. A recent article from Successful Farming reported a 10% increase in farm operating loans this summer compared to a year ago, according to the Kansas City Federal Reserve Bank. 

📷by meshaphoto via canva | featuring tough times money concept

However, as growers assess the total financial picture of their operations and plan for the 2025 season, there’s a silver lining in the interest-saving programs offered by BASF. 

BASF is offering 0% financing through March 15, 2025 on key brands including: Liberty® herbicide, Revytek® fungicide, Revylok® fungicide and Veltyma® fungicide¹. This offer also covers fungicide application costs, making it more attractive. For a 2000 acre grower, the interest savings from this program could translate to over $2.60/acre². 

The straightforward program requires an initial minimum purchase of $5,000 to qualify. This can be composed of multiple participating brands to meet the $5,000 threshold, with no minimum brand requirement. 

The clear benefit for growers is that this helps keep interest expenses low while allowing them to utilize consistently high-performing brands that can help boost yields in 2025. For example, in over 1000 head-to-head trials, Revytek® fungicide, Revylok® fungicide and Veltyma® fungicide outyield other fungicides 8 out of 10 times and untreated acres 9 out of 10 times³. 

By planning early, growers can develop a robust agronomic plan for 2025 that isn’t constrained by credit line limitations. Additionally, they may have the opportunity to lock in more favorable pre-pay prices, and payments are deferred until after harvest. 

To explore how this program could benefit your farm, visit BASF Calculator - John Deere Financial Calculator (mymultiuseaccount.com) 

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1: Subject to applicant’s credit. See 2025 Grower Finance Program for eligibility and complete details. 

2: Savings calculated on a 2,000-acre grower financing Liberty herbicide, Revytek fungicide and fungicide application costs at a 7.5% APR over 9 months on a $92K purchase; actual savings per acre may vary. 

3: Results based on 2019-2023 RevX Fields On-Farm demonstrations. Comparisons include other fungicides such as Miravis® Neo, Delaro®, and Trivapro®, Delaro Complete, Quadris Top® SBX, Miravis Top, Aproach® Prima, Stratego ® YLD, Lucento®, Quilt Xcel®, Xyway®, Xyway LFR®, and generic fungicide brands. Revytek fungicide applied at 8 fl oz/A at R2-R4. Veltyma fungicide applied at 7 fl oz/A at VT-R3. Revylok fungicide RevX Fields on-farm demonstrations were based on tank mix applications combining the active ingredients Fluxapyroxad (Xemium® fungicide) and Mefentrifluconazole (Revysol® fungicide) at a rate equivalent to 5.5 fl oz/A. All other fungicides applied at labeled rates. Results as of May 2, 2023. Revytek, Revylok, and Veltyma are registered trademarks of BASF. All other trademarks are the property of their respective owners and use of any such trademark does not imply any affiliation with or endorsement by its owner. ©2024 BASF Corporation.