DuPont Pioneer, CHS Announce New High Oleic Soybean Contracting Program
Will expand the footprint for high oleic soybean production
DuPont Pioneer and CHS Inc. (CHS) announced today that CHS Processing and Food Ingredients will offer production contracts for Pioneer® brand Plenish®^ high oleic soybeans for 2017 production in southern Minnesota and northern Iowa. Contracted soybeans will be processed at the CHS Fairmont, Minn., plant and expand the footprint for high oleic soybean production, increasing grower access to this value-added market opportunity.
“CHS is focused on helping its farmer-owners grow, and this regional collaboration with Pioneer creates higher margin soybean markets,” said Dave Mack, CHS director, Processing and Food Ingredients, oils and proteins. “It also benefits CHS food ingredients customers by meeting consumer demand for healthy, versatile vegetable oils.”
Farmers who contract with CHS to grow Pioneer® brand soybeans with the Plenish® high oleic soybean trait in the 2017 growing season will be eligible for a grain premium. Additional program details including delivery information are available from CHS Minnesota soybean merchandisers and area Pioneer sales professionals.
“Plenish® high oleic soybeans have been developed for this specific growing area and have outstanding yield and agronomic performance in the field,” said Jamie Williamson, DuPont Pioneer commercial unit lead. “We’re pleased to be working with CHS to bring these higher-value soybeans to market in Minnesota and Iowa.”
The development and commercialization of Plenish® high oleic soybeans illustrates how biotechnology can provide direct benefits to the food industry, consumers and growers.
With 0g transfat per serving and 20 percent less saturated fat than commodity soybean oil, Plenish® high oleic soybean oil provides a sustainable, U.S. grown, soy-based trans-fat alternative for food companies and foodservice operators. The improved fatty acid profile provides the highest oxidative stability level of any commercially produced soybean oil. Additionally, this enhanced stability means longer fry life in restaurant applications and less polymerized oil buildup on equipment, which reduces cleaning costs.
For food manufacturers, the oil’s stability extends the shelf life for packaged food products without sacrificing flavor and eliminates the need for artificial preservatives, creating the opportunity for a cleaner ingredient label.
Pioneer® brand Plenish® high oleic soybean varieties are being developed with elite genetics using Pioneer’s latest Accelerated Yield Technology (AYT) 4.0. Five years of field testing has confirmed yields are on par with similar elite commercial soybean varieties.
Traits included in Plenish® high oleic soybean products have received regulatory approvals in nearly all key U.S. soybean export markets and approvals are pending in remaining export markets. For more information on Plenish® high oleic soybeans, visitwww.plenish.com.
CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.
DuPont Pioneer is the world’s leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere. Science with Service Delivering Success®.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders, we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com.