Excellent field tour looking at our breeding plots and field program. Always fun seeing the future products coming in the pipeline. The HT class of varieties looked strong #gamechanger The new improved variety classes also looked great #whatsnext It’s a highlight to spend time with the field team and the breeders among the products they have worked so hard to create, test and advance. Enjoyed the discussions and the drive to never settle - it’s a pervasive and a constant dialogue. #neversettle Love the ownership that was demonstrated throughout #actlikeanowner Loved the growth of team members who fully own their areas across our network and who have driven major gains. Really impressive 👏🙏
Benson Hill
Agriculture, Construction, Mining Machinery Manufacturing
St Louis, Missouri 12,972 followers
Nourishing Innovation. We're hiring!
About us
Since 2012, Benson Hill has dared to imagine a Made from Better™ soybean that would benefit everyone in the food value chain. The soybean is legitimately power-packed, and it holds immense potential to nourish and energize our planet both today and tomorrow. With a sophisticated and highly advanced technology core, our premise is simple: better feed, food, and fuel start with better seeds. More information can be found at bensonhill.com.
- Website
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http://www.bensonhill.com
External link for Benson Hill
- Industry
- Agriculture, Construction, Mining Machinery Manufacturing
- Company size
- 51-200 employees
- Headquarters
- St Louis, Missouri
- Type
- Public Company
- Founded
- 2012
- Specialties
- agriculture technology, sustainable agriculture, crop improvement, cloud biology, gene editing, CRISPR, Breed, AI, technology, Crops, and Science and Environment
Locations
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Primary
1001 North Warson Rd
St Louis, Missouri 63132, US
Employees at Benson Hill
Updates
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NEWS: Benson Hill Announces Second Quarter Financial Results • Second quarter revenues of approximately $33.8 million, an increase compared to $23.5 million in the same period of 2023, reflect the Company’s ongoing transition to an asset-light business model. • Net loss from continuing operations, net of income taxes, was $18 million in the quarter, an improvement of $18.5 million in reported loss from the same period of the prior year. Adjusted EBITDA was a loss of $12.4 million, compared to a loss of $15.2 million in the same period of 2023, due primarily to expense reductions. • Free cash flow loss in the first half of 2024 was $31.8 million, which was approximately 50 percent of the free cash flow loss in the first half of 2023. • The Company ended the second quarter with $29.5 million of cash and marketable securities, expected to be sufficient to fund operations through the end of 2024. • The Company provides updates on business milestones related to animal feeding trials, innovation pipeline advancements, and genetic market share in its Q2 Shareholder Letter. ST. LOUIS, MO – August 8, 2024 - Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, today announced operating and financial results for the quarter ended June 30, 2024. “The Benson Hill team showed focus and financial discipline and delivered significantly better operating results this quarter, while making strides in our transition to an asset-light licensing model. We also strengthened strategic partnerships that are crucial for our future growth,” said Deanie Elsner, Chief Executive Officer of Benson Hill. “Our highly advanced technology core has led to the development of what we believe to be the industry’s broadest and deepest R&D pipeline for soy quality traits. Our next priority is to implement several animal feeding trials with both commercial and academic partners, further validating the value our seed innovations deliver to end users.” For the full release, visit https://lnkd.in/g3NMs_b9.
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Awesome poster session after our Q2 Tech Connect where we went over accomplishments and Top 6ish outcomes by EOY. Some real stand out posters: • Great hearing from our field interns on their projects optimizing field ops. Very professional and impactful. • Feeding studies in multiple species planned out and in full flight (pun intended). Love seeing the impact and value creation. • Imagining a bright future with Gene Editing now that elite transformation, multiplexing and validated genes are all in the bag. • Celebrating the game changing optimizations in Genotyping that allow even more speed breeding options at even lower cost per dp. • Seeing all the brilliant analytics and software that puts the power in the hands of our breeders. Such a step change and at a fraction of the cost I have seen before. #windinthehair Great to have our CEO Deanie Elsner drop by and chat with the team. She has such a contagious energy and drive. What a great way to kick off August. (esp after what was for me a stressful July with my Dad visiting and ending up in hospital the day they were to fly out. All fine now and back home🙏). #letsgo
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Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, will release its financial results for the quarter ending June 30, 2024, on Thursday, Aug. 8, 2024. The quarterly results will also be posted on Benson Hill’s investor relations website at https://lnkd.in/gk3DHaaB. https://lnkd.in/gEegDSaM
Benson Hill Announces Second Quarter Earnings Release Date - Benson Hill
https://bensonhill.com
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Benson Hill reposted this
We are hiring a Scientist in our Genotyping group. This is an especially fun group that is foundational to our breeding, AI, and GE platforms. This role is a great opportunity to optimize our current genotyping platforms and leverage the latest in sequencing technology to build new platforms. Apply below or reach out to me if you are interested. Yia Yang
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We’re unlocking nature’s diversity with a sophisticated technology core. 🧬 Read more at www.bensonhill.com.
I was fortunate to spend a week in beautiful North Dakota earlier this month to learn about dried Yellow Pea production and plant breeding at Benson Hill. Yellow pea is a legume that grows well in the cooler dry climate of North Dakota and Southern Canada. It is used as a source of plant based protein in human and pet foods. My favorite part was seeing the power of genomic selection (GS) to quickly identify improved lines and advance them for testing prior to commercial launch. See the variation in the early phase plants (Photo 2) and the late phase plants (Photo 3). GS is a powerful tool, built on decades of research, to help us produce better feed, better food, and better fuel faster. #NorthDakota #YellowPea #PlantBased #PlantProtein #PlantBreeding #GenomicSelection
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More energy, more protein and more possibilities for #soybeans. 🌱
Last week Erin Zess and I had the opportunity to join soybean farmers, swine producers, and nutritionists at Iowa Swine Day. It was great to hear about what the industry is looking for from soybeans - more protein and more energy to meet the demands of an evolving market. We are looking forward to heading back to Swine Day soon to share how our Benson Hill products are performing in animal feed applications!
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Benson Hill reposted this
Amazing six days representing Missouri Soybean growers from Washington DC with WISHH (The World Initiative for Soy in Human Health) to MIZZOU using Soy Biodiesel and the Farm for Soy Innovation with Missouri Soybeans. Loved the Benson Hill Seeds plots Christi Dixon Tracy Snider
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We appreciated the opportunity to have a discussion on how we can meet the needs of end users with soybean quality traits that deliver meaningful benefits. #Innovation #Soybean #BHIL
Seed innovation company, Benson Hill, has made further advancements in its innovation pipeline to deliver advantaged traits for end users in larger soy markets, including animal feed, soybean oil, and biofuels. These innovations, many of which are in field testing now, uniquely position Benson Hill to redefine U.S. soy for feed and fuel with new varieties that provide novel benefits across the agribusiness value chain, including optimizing yield, protein, and oil in the soybean genome. In this Feedstuffs 365, we sit down with Jason Bull, Chief Technology Officer of Benson Hill, to find out more.
Better feed, better food and better fuel from better seeds
www.linkedin.com
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NEWS: Benson Hill announced today that it will release its financial results for the quarter ending June 30, 2024, on Thursday, Aug. 8, 2024. For more information, please visit www.bensonhill.com/news.
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