Benson Hill Announces Gains in Soybean Breeding Program; Introduces Five 2024 Soybean Varieties Delivering Higher Protein and Improved Yield Potential - Seite 2

By leveraging deep insights on its proprietary soybean germplasm, Benson Hill is strategically positioned to drive seed innovation in broadacre opportunities for the aquaculture, pet food, swine and poultry markets – some 90 percent of the soy market.¹ According to Elsner, the recent field evaluations support Benson Hill’s acceleration to an asset-light model focused on partnerships and licensing, including seed.

“Over the last several years, we’ve discovered ways to boost soy protein by 8 to 10 percentage points over commodity, and there are more seed improvements coming in geographies relevant for poultry production,” Elsner told FARMCON attendees today. “Today, Benson Hill is well positioned to validate our products with customers and end users to create market demand and begin to scale our seed innovations across approximately 7 million acres by 2030.”

As previously announced, the Company’s analysis of non-GMO, Ultra High Protein low oligosaccharide (UHP-LO) soybean varieties demonstrate novel attributes for poultry diets, swine rations, and pet food, opening up the broadacre animal feed opportunity for the Company in the next two to three years, including large U.S. feed markets representing a total addressable market of approximately 28 million acres. Research this fall confirmed a trifecta of product attributes with UHP-LO desired by animal nutritionists, processors, feed formulators, and farmers, including higher yields, higher protein levels and lower anti-nutritional factors.

Benson Hill continues to expand its world-class soy protein expression data set. Field data from the Company’s R&D program, field trials, and its commercially planted acres are digitized to further refine the predictive capabilities of CropOS. The Company plans to share results on studies and feeding trials as they become available.

For more information on farmer partner programs, available varieties, and direct seed sales, visit www.bensonhillfarmers.com.

About Benson Hill

Benson Hill moves food forward with the CropOS platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. Benson Hill empowers innovators to unlock nature’s genetic diversity from plant to plate, with the purpose of creating nutritious, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or on X, formerly known as Twitter, at @bensonhillinc.