JEFFERSON CITY, Mo. — SOYLEIC™ high oleic trait technology is moving further into the marketplace through a new partnership between Global Processing. Inc. and the Missouri Soybean Merchandising Council. The partnership has been in development for more than a year, and will serve soybean growers in Kentucky, Missouri, Iowa, Nebraska and Kansas, as well as in some areas of adjacent states, by increasing the accessibility of SOYLEIC™ high oleic soybeans and processing opportunities.
“Bringing new soybean varieties and market opportunities to growers is central to what we do investing their soybean checkoff dollars,” said Kyle Durham, a farmer from Norborne and chairman of the Missouri Soybean Merchandising Council. “Partnerships are key to bringing growers the best returns, and we’re proud to be taking this step forward in empowering farmers to improve their bottom line with value-added soybean varieties and markets.”
The non-exclusive license agreement is focused on soybean varieties with the high oleic trait technology in maturity groups II, III and IV, which are typically grown across the Midwest. The agreement includes a license to the technology allowing Global Processing, Inc. to combine SOYLEIC™ with other soybean traits to best meet their farmers’ and users’ needs.
Global Processing, Inc., has served the food industry for more than a decade with high quality, non-GMO whole soybeans for domestic and Asian markets.
“This milestone could not have been achieved without the vision and perseverance from the farmer leaders at the Missouri Soybean Merchandising Council,” said Dave Wilcox, president of Global Processing. “Their organization has facilitated a truly remarkable multi-year collaboration and It is another great example of how soybean checkoff dollars are making a difference.”
High oleic technology is an advancement in the soybean market that gives soybean oil greater potential for uses such as baking, frying and sautéing in commercial and home kitchens. The technology was developed by soybean breeders Grover Shannon and Kristin Bilyeu in Missouri through soybean checkoff-supported research. Test plots demonstrating the potential of high oleic soybeans have been planted across the Midwest since 2017, and the trait technology continues to be part of soybean research in Missouri.
Farmers interested in purchasing soybean varieties with the high oleic trait technology from the program will be able to recognize those seed beans through patent numbers and logos. Commercial seed will be marked with patent numbers 9,035,129; 9,198,365; 10,329,576; and/or 10,087,454 and the SOYLEIC™ logo.
The Missouri Soybean Merchandising Council board of directors and staff continue exploring opportunities for additional soybean research and breeding partnerships, as well as additional license agreements. Those partnerships will be announced as they are finalized. Proceeds from the sale of soybean varieties developed through the research program are reinvested into soybean research and growing demand and preference for Missouri farmers’ soybeans, and for soy around the world. To learn more about the Missouri Soybean Merchandising Council and efforts to improve farmers’ bottom line through wise investment of the soy checkoff, visit mosoy.org.
— Missouri Soybean Merchandising Council
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