Missouri Soybean Merchandising Council chairman John Kelley and Schillinger Genetics Inc. president John Schillinger sign agreement
The agreement grants John Schillinger and Schillinger Genetics, Inc. (SGI) a license to commercialize the emerging high oleic soybean technology traits, and breed soybean varieties combining high oleic with low linolenic soybean oil traits.
“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,” said John Kelley, chairman of the Missouri Soybean Merchandising Council.
“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.”
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 seed beans will be marked with patent numbers 9,035,129 or 9,198,365, and the Missouri Soybean Merchandising Council’s logo.