Beck’s and Benson Hill Partner to Co-Develop and Commercialize Novel Photosynthesis Trait to Improve Corn Yield and Sustainability
ST. LOUIS—May 15, 2018—Benson Hill , a crop improvement company unlocking the natural genetic diversity of plants, and Beck’s, the largest independent, retail seed company in the United States are partnering to bring to market the first photosynthetic efficiency trait, enabling corn farmers to increase the yield, sustainability and profitability of their farms.
Sunlight is the critical natural input for food production, capturing and storing carbon as a source for all energy, but photosynthesis is highly inefficient. Increasing carbon capture by improving photosynthesis efficiency is recognized as an important opportunity to improve crop productivity and sustainability.
“For years, trait innovation has been largely limited to only the largest multinational companies. The goal of our product development and testing programs has always been to help farmers succeed by bringing them more choice and profitability. We have been working with Benson Hill now for years and are convinced that this collaboration will allow us to open new channels for innovation and greater opportunity for our customers.”
-Kevin Cavanaugh, Director of Research at Beck’s
Benson Hill has developed a robust pipeline of trait product candidates that improve crop photosynthetic efficiency, one of which has demonstrated significant yield increases in hybrid corn across three years of field trials in a broad range of environments and genetic backgrounds. Through its co-development and commercialization agreement, Beck’s and Benson Hill will advance a trait product candidate through the final stages of development and anticipate filing a regulatory dossier with the USDA by 2021.
“It’s encouraging to see companies tackling some of the most critical and challenging areas of crop improvement such as photosynthesis,” said David Ertl, Technology Commercialization Manager at the Iowa Corn Promotion Board. “Novel trait development research is important, but it is equally important that these trait developers partner with others in the seed industry to commercialize these traits and get them into the hands of farmers.”
The partnership is particularly timely given the unprecedented level of consolidation underway in the agriculture industry. Through true collaboration, the companies will combine their expertise in product development, testing, and commercialization to bring greater choice to farmers in the marketplace. The companies plan to broadly license this exciting technology to many seed corn companies so that all farmers will have the opportunity to increase corn yields.
“When we started Benson Hill, we envisioned that the intersection of disciplines known as cloud biology could help address major challenges like improving photosynthesis,” said Matt Crisp, CEO and co-founder of Benson Hill. “This outcome has since been demonstrated, and dedicated partners like Beck’s are now helping us define new channels to market for the resulting product opportunities.”
About Becks—Beck’s is a family-owned and operated seed company that serves farmers in Indiana, Illinois, Ohio, Michigan, Kentucky, Tennessee, Iowa, Missouri, Minnesota, South Dakota, and Wisconsin. According to a recent media survey, Beck’s ranks as the sixth largest seed company in the United States and the only one in the top six that is family-owned, making Beck’s the largest retail, family-owned seed company in the United States. To learn more about Beck’s, please visitwww.beckshybrids.com. Follow Beck’s on Twitter atwww.twitter.com/BecksHybrids, like Beck’s on Facebook atwww.facebook.com/BecksHybrids, or visit the Beck’s Blog atwww.beckshybrids.com/blog.
About Benson Hill—Benson Hill empowers innovators with a revolutionary crop design platform to develop healthier and more sustainable crops. Our CropOS™ platform combines machine learning and big data with genome editing and plant biology to drastically accelerate and simplify the product development process.More information can be found online at www.bensonhill.com. Follow us on Twitter at @bensonhillinc.
Media Contacts:
Benson Hill :
Natalie DiNicola
ndinicola@bensonhill.com
314.422.7735
Beck’s:
Ashley Woodward Fischer
afischer@beckshybrids.com
317.984.1134
