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June 07, 2021

GROWERS EDGE AND BENSON HILL ANNOUNCE WARRANTY-BACKED PROGRAM FOR PREMIUM SOYBEAN VARIETIES


Johnston, Iowa and St. Louis, Missouri – June 7, 2021 — Growers Edge, a provider of data-driven financial technology (fintech) solutions for the agricultural industry, today announced a partnership with Benson Hill to provide a warranty-backedprogram to Benson Hill specialty soybean growers.

“Benson Hill products are designed with premium traits and yield potential in mind. This is an opportunity for growers to capture the upside potential of our premium production contracts and of planting Benson Hill’s cutting-edge food and feed-grade soybean varieties, while having assurance of harvest performance,” said Kathy Flores, General Manager of the Benson Hill soybean business.

Benson Hill’s portfolio of high-quality soybean varieties delivers a full range of in-demand premium attributes, including high protein, high-oleic, and low anti-nutrient soybeans. The Benson Hill Yield Guarantee Program will allow growers to plant eMerge® soybeans with confidence, boosting profitability potential while participating in the fast-growing market for high-protein animal feed and plant protein ingredients for plant-based foods.

“Our partnership with Benson Hill brings together two companies driving the next generation of innovative ideas for agriculture,” said Tracy Linbo, Chief Commercial Officer of Growers Edge.

Growers Edge partners with agricultural input suppliers and retailers across the U.S. to deliver grower-relevant solutions to meet the ag industry’s ever-changing demands. In 2020, the company closed a $40 million Series B round of financing that will help speed the introduction of warranty-backed crop plans and deploy the company’s new end-to-end agricultural lending platform.

About Benson Hill

Benson Hill moves food forward with Cloud Biology® and the CropOS™ platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and plant genetics. Benson Hill empowers innovators to unlock nature’s genetic diversity from plant to plate, with the purpose of creating healthier, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or at @bensonhillinc.

Source: Growers Edge