ST. LOUIS, Aug. 10, 2021 /PRNewswire/ -- Benson Hill, Inc. (the "Company" or "Benson Hill"), a food tech company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine, today launched its advanced yellow pea breeding and commercialization program. The program is an important next step in the Company's growth strategy and will enable Benson Hill in the coming years to bring to the fast-growing plant-based protein market and the pet food and animal feed markets a portfolio of enhanced, non-GMO yellow pea ingredients.
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Emma Roberts is on a mission to go plastic-free for the sake of her son, as she wants to make sure she does her part to keep the environment safe.
ST. LOUIS, July 13, 2021 /PRNewswire/ -- Benson Hill, Inc. (the "Company" or "Benson Hill") today announced that it has exceeded its previous target of doubling contracted acres of its proprietary soybean varieties. The Company has now contracted with partner farmers in the U.S. to grow 70,000 acres in the 2021 crop year versus 30,000 acres in the 2020 crop year, representing approximately 133% year-over-year growth. These proprietary non-GMO soybean varieties are bred by Benson Hill to be higher in protein, have benefits of omega-9 fatty acids and low anti-nutrients. This year's crop plans include the first commercial plantings of Benson Hill's Ultra-High Protein soybeans, intended for the human food ingredients market. Additional proprietary products from this crop year include feed ingredients for aquaculture, swine and poultry as well as the specialty cooking oil markets As these planted crops are harvested, Benson Hill expects to have enhanced confidence into its revenue visibility in 2022 for its Ingredient segment. The Company forecasts substantial Ingredients segment growth, which can help fuel the growing plant-based meat substitute market that is expected to reach approximately $140 billion by 2029, according to industry research.
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