Benson Hill Completes Second Major Feeding Trial in Broilers, Again Demonstrating Advantages of UHP-LO Soybean Meal in Poultry Feed
28 Enero 2025 - 2:45PM
Business Wire
- Feeding trial results with a major poultry producer indicated
significant improvements in live performance and important meat
characteristics in broiler chickens.
- Soybean meal derived from Benson Hill Ultra-High Protein, Low
Oligosaccharide (UHP-LO) soybeans outperformed commodity soybean
meal in final broiler weights, feed conversion ratio, and other
yield metrics.
- Replacing commodity soybean meal with UHP-LO soybean meal in
poultry diets improved broiler weights by 5.4 percent and feed
conversion ratios by 3.2 percent.
Benson Hill, Inc. (Nasdaq: BHIL, the “Company” or “Benson
Hill”), a seed innovation company, partnered with a major poultry
integrator to complete a second commercial feeding trial to
validate the value of including soybean meal derived from Benson
Hill’s Ultra-High Protein, Low Oligosaccharide (UHP-LO) soybeans in
poultry diets.
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Benson Hill, Inc. (Nasdaq: BHIL, the
“Company” or “Benson Hill”), a seed innovation company, partnered
with a major poultry integrator to complete a second commercial
feeding trial to validate the value of including soybean meal
derived from Benson Hill’s Ultra-High Protein, Low Oligosaccharide
(UHP-LO) soybeans in poultry diets. (Graphic: Business Wire)
The results confirm that incorporating UHP-LO soybean meal (SBM)
in commercial broiler diets substantially improved feed conversion
and resulted in heavier broilers, reflecting the higher protein and
metabolizable energy present in Benson Hill’s proprietary soybean
genetics. These observations reinforce findings from the Company’s
first broiler feeding study released in May 2024.
In the six-week trial, broilers fed a diet containing UHP-LO SBM
weighed more at processing and grew more muscle versus broilers fed
a diet formulated with commodity soybean meal. For this group of
broilers, replacing commodity soybean meal in the diet with UHP-LO
SBM improved broiler weights by 5.4 percent and feed conversion
ratios by 3.2 percent.
Poultry producers have enhanced flexibility with UHP-LO to
formulate feeding rations for cost advantage (up to 5 percent in
prior studies) and bird performance gains (up to 5.4 percent in
this study). These gains are significant and translate across the
value chain.
“This latest feeding trial showcases the transformative impact
of switching from commodity soybean meal to a high-protein,
nutritious option that is truly Made from Better™,” said Deanie
Elsner, Chief Executive Officer of Benson Hill. “These study
results not only reaffirm the value of our UHP-LO soybean meal for
poultry producers seeking specific outcomes like feed efficiency,
but they are also supported by more than two decades of soybean
breeding and our technology core. We estimate that choosing
specialty soy from Benson Hill can generate approximately $2.2
billion of value annually for the broiler industry.”
Benson Hill will continue to pursue broadacre expansion in feed
and expects to broaden its soybean portfolio to more than 35
varieties for the 2025 crop year. Non-GMO UHP-LO soybean varieties,
destined for animal feed, demonstrate strong yield performance
relative to elite commercial varieties, with herbicide-tolerant
varieties expected to be available for the 2026 growing season. For
more information on Benson Hill and its proprietary soybean seed
portfolio, visit https://bensonhill.com/products/seeds/.
About Benson Hill
Benson Hill is a seed innovation company that unlocks nature’s
genetic diversity in soy quality traits through a combination of
its proprietary genetics, its AI-driven CropOS® technology
platform, and its Crop Accelerator. Benson Hill collaborates with
strategic partners to create value throughout the agribusiness
supply chain to meet the demand for better feed, food, and fuel.
For more information, visit bensonhill.com or X, formerly known as
Twitter at @bensonhillinc.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements generally relate to future events or the Company’s
future financial or operating performance and may be identified by
words such as “may,” “should,” “expect,” “intend,” “will,”
“estimate,” “anticipate,” “believe,” “predict,” or similar words.
These forward-looking statements are based upon assumptions made by
the Company as of the date hereof and are subject to risks,
uncertainties, and other factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. These forward-looking statements
include, among other things, statements regarding: the Company’s
progress toward an asset-light business model, and the anticipated
pace of such transition; the Company’s financial and operating
performance during its business transition; the Company’s
cost-cutting measures under its expanded Liquidity Improvement Plan
and other cost-saving measures, actions to implement such plan, and
the anticipated benefits of and timeline to implement such plans;
the Company’s current expectations and assumptions regarding the
industries and markets in which it operates; potential strategic
partnership and licensing opportunities; the Company’s anticipated
liquidity, path to profitability, and runway for growth;
expectations regarding the sources of expected revenues, costs,
profit and earnings; projections of market opportunity; the
anticipated advantages, potential and capabilities of the Company’s
seed portfolio and innovation pipeline and the expected timeline
for the commercialization of the Company’s current and anticipated
innovations; anticipated demand for quality soy traits and the
Company’s seed innovations; the expected timeline for the expansion
of the Company’s seed portfolio; the expected timing and results of
planned academic studies and commercial feeding trails; current
projections and assumptions regarding the Company’s business and
the industries and markets in which the Company currently operates
or plans to operate; expectations regarding the Company’s ability
to continue as a going concern; execution of the Company’s business
plan and the strategic review of the Company’s business; any
financial or other information based upon or otherwise
incorporating judgments or estimates relating to future
performance, events or expectations; the Company’s strategies,
positioning, resources, capabilities, and expectations for future
performance; estimates and forecasts of financial and other
performance metrics; the Company’s outlook, and financial and other
guidance; and management’s strategy and plans for growth. Factors
that may cause actual results to differ materially from current
expectations include, but are not limited to: risks associated with
the Company’s ability to generally execute on its business
strategy, including its transition to an asset-light business model
in a timely manner with sufficient liquidity; risks relating to
acreage acquisition; risks associated with developing and
maintaining partnering and licensing relationships in an
asset-light business model, and maintaining relationships with
customers and suppliers; risks associated with realizing the
anticipated advantages of the Company’s seed innovations and
products; the risk that the Company will not realize the
anticipated benefits of the divestiture of its soy processing
facilities; risks associated with the loss of revenues from the
Company’s divestiture of its soy processing facilities; risks
associated with growing and managing capital resources; risks
associated with changing industry conditions and consumer
preferences; risks associated with the Company’s cost-cutting
measures under its expanded Liquidity Improvement Plan and other
cost saving measures, including potentially adverse impacts on the
Company’s business and prospects even if such plans are successful;
the risk that the Company’s actions relating to cost-cutting
measures under its expanded Liquidity Improvement Plan and other
cost saving measures may be insufficient to achieve the objectives
of such plans; liquidity and other risks relating to the Company’s
ability to continue as a going concern; risks associated with the
Company’s ability to grow and achieve growth profitably, including
continued access to the capital resources necessary for growth;
risks relating to the failure to raise additional financing to
satisfy the Company’s cash needs; risks relating to maintaining key
employee, customer, partner and supplier relationships; risks
relating to the Company’s exploration of strategic alternatives;
risks associated with the failure to realize the anticipated
commercial or nutritional benefits of the Company’s UHP-LO
soybeans; risks that the benefits validated by the recent trial may
not be able to be repeated or improved upon in the future; risks
associated with the accuracy and repeatability of feeding trials
generally; risks associated with the effects of global and regional
economic, agricultural, financial and commodities market,
political, social and health conditions; the effectiveness of the
Company’s risk management strategies; and other risks and
uncertainties set forth in the sections entitled “Risk Factors” and
“Cautionary Note Regarding Forward-Looking Statements” in our
filings with the SEC, which are available on the SEC’s website at
www.sec.gov. The Company can make no assurances that it will be
able to raise additional financing, improve its liquidity position,
or continue as a going concern. Nothing in this press release
should be regarded as a representation by any person that the
forward-looking statements set forth herein will be achieved or
that any of the contemplated results of such forward-looking
statements will be achieved. There may be additional risks about
which the Company is presently unaware or that the Company
currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. The reader should not place undue reliance on
forward-looking statements, which speak only as of the date they
are made. The Company expressly disclaims any duty to update these
forward-looking statements, except as otherwise required by
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250128090311/en/
Media Contact: Christi Dixon 636-359-0797
cdixon@bensonhill.com
Benson Hill (NASDAQ:BHIL)
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