Core tip: As reported by the World Agrochemicals Network Chinese website, BASF recently released its nematode-resistant soybean (NRS) trait in Brazil, positioning it as a biotechnology that promises to transform Brazilian agriculture. The company estimates that this innovation could bring an incremental value of 15 billion to 20 billion Brazilian reals (approximately $3 billion to $4 billion) to the Brazilian soybean production sector. BASF executives compared its economic impact to that of the first-generation glyphosate-resistant (Roundup Ready) technology introduced over two decades ago.