Missouri Soybean Merchandising Council chairman John Kelley and Schillinger Genetics Inc. president John Schillinger sign agreement
The Missouri Soybean Merchandising Council
‘s efforts to grow farmers’ return on their soy checkoff investments have taken another leap forward. The leaders of Missouri’s premier organization for soybean research formalized a key partnership to bring Missouri’s non-GMO high oleic soybean technology to growers.
The agreement, signed and recognized today with a ceremony at the Bay Farm Research Facility outside Columbia, grants John Schillinger and Schillinger Genetics, Inc. (SGI) a license to commercialize not only the emerging high oleic soybean technology traits, but also to breed soybean varieties combining high oleic with low linolenic soybean oil traits. The agreement represents the first licenses granted to commercialize this technology.
“Bringing new soybean varieties and trait technologies to growers is at the heart of our research program,” said John Kelley, a farmer from Faucett and chairman of the Missouri Soybean Merchandising Council. “Partnerships are key to bringing growers the best return on their investments in the soy checkoff, and we’re proud to be taking this step forward in helping farmers improve their bottom line by adding value to commodity soybeans.”
The partnership agreement includes licenses for breeding soybean varieties with the high oleic technology, as well as to facilitate a seed increase program and sell the varieties scaled up through that increase program within the United States and Canada. The licenses are non-exclusive and non-sub licensable.
Farmers interested in purchasing soybean varieties from the program will be able to recognize those seed beans through patent numbers and logos. All packages of commercial seed developed through this license agreement will be marked with patent numbers 9,035,129 or 9,198,365, and the Missouri Soybean Merchandising Council’s logo.
“We believe strongly in the potential of high oleic soybean oil,” said John Schillinger, president and founder of SGI. “SGI is investing in development of high oleic soybean varieties for US soybean producers, and our pipeline includes highly promising varieties of maturity groups 0 to V, and this partnership stands to expand that work.”Read More