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DuPont Pioneer, Cargill Announce High Oleic Soy IP Contract Program

DuPont Pioneer, Cargill Announce High Oleic Soy IP Contract Program

Companies will contract growers in the Sidney, Ohio area

DuPont Pioneer and Cargill Wednesday announced they will work with farmers near Cargill's facility in Sidney, Ohio, to grow Pioneer brand soybeans with the Plenish high oleic trait in 2014.

The beans will be delivered to Cargill's soybean facility for processing (on-farm storage with buyer's call).  Growers will be eligible for a processor-paid incentive for producing and delivering high oleic soybeans.

DuPont Pioneer and Cargill will contract growers in the Sidney, Ohio area to producer high oleic soy in 2014

Interest in Plenish high oleic soybean oil from food companies continues to be strong and the 2014 Cargill contract program will support ongoing market development activity, the companies said. They note that high oleic soybean oil provides a soy-based trans fat alternative for food companies and foodservice operators, and also delivers a higher return for the growers who produce it.

Plenish high oleic soybeans from Pioneer contain the highest oleic content – approximately 75% -- of any soybean product under commercial development. This improvement in the oil profile brings a dramatic increase to the stability of the oil, resulting in longer shelf life in packaged foods, and greater fry life for foodservice operators.

Plenish high oleic soybean oil also has 0g trans fat per serving and 20% less saturated fat than commodity soybean oil.

Plenish high oleic soybeans are approaching completion of global regulatory approvals with over 96% of U.S. soybean export markets now approved. Field testing has also confirmed yields on par with commercial products, the companies note.

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Source: DuPont Pioneer

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