DuPont Pioneer, CHS Announce 2018 High Oleic Soybean Contracting Program for Minnesota and Iowa

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DuPont Pioneer, CHS Announce 2018 High Oleic Soybean Contracting Program for Minnesota and Iowa

DES MOINES, Iowa, and INVER GROVE HEIGHTS, Minn., Oct. 26, 2017 —

DuPont Pioneer and CHS Inc. (CHS) announced today that CHS Processing and Food Ingredients will offer production contracts for Pioneer® brand Plenish®^ high oleic soybeans for 2018 production in southern Minnesota and northern Iowa. This is the second year CHS is contracting soybeans to be processed at its Fairmont, Minn., plant, increasing grower access to this value-added market opportunity.


“CHS is focused on helping its farmer-owners grow, and this regional collaboration with DuPont Pioneer creates new higher-margin soybean market opportunities,” said Dave Mack, CHS director, Processing and Food Ingredients, oils and proteins. “It also benefits CHS food ingredients’ customers by meeting consumer demand for healthy, versatile vegetable oils, and we are exploring ways it may provide benefits to our industrial lubricants business because of the oil’s excellent stability.”

Farmers who contract with CHS to grow Pioneer brand soybeans with the Plenish® high oleic soybean trait in the 2018 growing season will be eligible for a grain premium. Additional program details including delivery information are available from CHS Minnesota soybean merchandisers and area Pioneer sales professionals.

“Plenish high oleic soybeans have been developed for this specific growing area and have outstanding yield and agronomic performance in the field,” said Randy Schlatter, DuPont Pioneer area lead. “We’re pleased to be working with CHS to bring these higher-value soybeans to market in Minnesota and Iowa.”

The development and commercialization of Plenish high oleic soybeans illustrates how biotechnology can provide direct benefits to the food industry, consumers and growers.

With 0g transfat per serving and 20 percent less saturated fat than commodity soybean oil, Plenish high oleic soybean oil provides a sustainable, U.S.-grown, soy-based trans-fat alternative for food companies and foodservice operators. The improved fatty acid profile provides the highest oxidative stability level of any commercially produced soybean oil. Additionally, this enhanced stability means longer fry life in restaurant applications and less polymerized oil buildup on equipment, which reduces cleaning costs.

For food manufacturers, the oil’s stability extends the shelf life for packaged food products without sacrificing flavor and eliminates the need for artificial preservatives, creating the opportunity for a cleaner ingredient label.

The oil’s exceptional stability also allows it to be utilized by the chemical industry as a renewable, environmentally friendly alternative to petroleum-based products. Pioneer brand Plenish high oleic soybean varieties are being developed with elite genetics using Pioneer’s Accelerated Yield Technology (AYT) 4.0. Multiple years of local testing has confirmed yields are on par with similar elite commercial soybean varieties.

Traits included in Plenish high oleic soybean products have received regulatory approvals in nearly all key U.S. soybean export markets and approvals are pending in remaining export markets. For more information on Plenish high oleic soybeans, visit www.plenish.com.

About CHS
CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.

About DuPont Pioneer
DuPont Pioneer, a business unit of DowDuPont Agriculture Division, is the world’s leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere. Science with Service Delivering Success®.

About DowDuPont Agriculture Division
DowDuPont Agriculture, a business division of DowDuPont (NYSE: DWDP), combines the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences. Together, the Agriculture division provides growers around the world with the most complete portfolio in the industry, developed through a robust research pipeline across germplasm, biotech traits and crop protection. DowDuPont Agriculture is committed to delivering innovation, helping growers increase productivity and ensuring food security for a growing global population. DowDuPont intends to separate the Agriculture division into an independent, publicly traded company. More information can be found at www.dow-dupont.com.

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10/26/17

®, ™, SM Trademarks and service marks of DuPont, Pioneer or their respective owners.

^EXPORT APPROVAL NOTICE: These products are authorized for planting in the United States and Canada. While many import market authorizations are in place, grain and byproducts produced from grain containing this technology may not be authorized in some markets. Growers that use this product are required and agree to adhere to the stewardship requirements as outlined in the Pioneer Product Use Guide and product-specific stewardship requirements for this product. For questions regarding product stewardship and biotech traits, please contact your sales representative or refer to www.pioneer.com/stewardship. Growers are required to discuss trait acceptance and grain purchasing policies with their local grain handler prior to delivering grain containing biotech traits.

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