US farm with 93,000 hectares for sale: 10,000 cattle on 2 islands.
10,000 cattle, deer, bison, and a slaughterhouse in the middle of nowhere. One of the largest slaughterhouses in Alaska is located on the storm-battered Umnak Island.
BASF's agricultural division had a rough start to the fiscal year 2025, with a decrease in revenue of around 8% compared to the previous year. The EBITDA also saw a significant drop of almost 12%. During the first quarter of the fiscal year 2025, BASF's Agricultural Solutions segment continued to struggle, following the downward trend from the year 2024. While there was some improvement in revenue and EBITDA in the final quarter of 2024, the first three months of this year saw a decline. The revenue of the Agricultural Solutions segment in the reporting quarter was €3.20 billion, a decrease of €275 million or 7.9% compared to the same period last year. This decline was attributed to lower demand due to early purchases in the previous quarter, as well as lower prices and negative currency effects. The EBITDA before special items also decreased by 11.5%, from €1.36 billion to €1.20 billion. Revenue in Europe decreased due to currency effects and lower prices, particularly in fungicides. However, there was an increase in quantities, especially in crop protection products. In North America, sales volumes of fungicides and field crop seeds decreased significantly, also at lower prices. Lower quantities of herbicides and insecticides were sold in Asia. The South America, Africa, and Middle East region experienced a revenue decline due to negative currency effects, mainly from the Brazilian Real. In terms of the overall group performance, revenue in the first quarter of 2025 was €17.40 billion, only a slight decrease of €151 million or 0.9% compared to the previous year. The EBITDA before special items decreased by €87 million or 3.2% to €2.63 billion. BASF's CFO, Dr. Dirk Elvermann, highlighted the strategic advantage of operating production facilities in key regions worldwide, making BASF more resilient compared to others, especially in light of current market developments related to US tariff announcements. The management at BASF is concerned about the unpredictable US tariff policy and believes it is challenging to quantify the impacts on the global economy and potential reactions from trading partners at this time. Therefore, the company maintains its previous forecast for fiscal year 2025. The EBITDA before special items for the overall group is expected to be between €8.0 and €8.4 billion, compared to €7.9 billion in 2024. For the Agricultural Solutions segment, a slightly higher EBITDA is forecasted due to increased quantities; in the fiscal year 2024, it was €1.94 billion.