Benson Hill Buys Soybean Crushing Facility
Agtech company Benson Hill has acquired a soybean crushing facility from Seymour, Indiana-based Rose Acre Farms to address the growing demand for plant-based protein ingredients. With the global plant protein market projected to surpass $162 billion by 2030, Benson Hill is heading for success with their innovative non-GMO, identity preserved and sustainable soybean products, including ultra-high protein soybean ingredients both for human food and animal feed markets.
Pursuing it’s growth plans in the meatless innovation sector, Benson Hill recently acquired a soybean crushing facility from Seymour, Indiana-based Rose Acre Farms to support the production of a robust portfolio of proprietary, non-GMO, identity preserved and sustainable soy protein and oil ingredients for the human food and animal feed markets.
“This milestone reflects continued momentum to advance our vision for a more modern, resilient and sustainable food system, starting with seed that is better from the beginning,” said Matt Crisp, Chief Executive Officer of Benson Hill in a press release. “Coupling production capacity like this with genomic innovation unlocks enormous value for both farmers and consumers beyond what has been possible through the traditional commodity system.”
Benson Hill’s integrated supply chain strategy combines improved crop innovation through its CropOS technology platform with traceable field to fork production. The Company recently announced it exceeded its target to double contracted soybean acres, delivering a 133 percent year-over-year increase for the 2021 growing season.