24/7 Market News Snapshot 30 January, 2025 – Benson Hill, Inc. (NASDAQ:BHIL)
DENVER, Colo., 30 January, 2025 (247marketnews.com) – (NASDAQ:BHIL) are discussed in this article.
Benson Hill, Inc. (BHIL) is experiencing a significant surge in market interest, evident from its current trading price of approximately $2.975, marking a remarkable increase of 65.28% from the previous close. This robust momentum, which follows a steady opening at $1.80, has attracted considerable attention from investors, as reflected in the 2.44 million shares traded today. The keen interest in Benson Hill’s stock underscores a broader investor confidence in the company’s innovative approach and market potential.
In parallel with its impressive market performance, Benson Hill has made headlines with promising results from a recent controlled feeding trial conducted in collaboration with a leading poultry provider. This research focuses on the Ultra-High Protein, Low Oligosaccharide (UHP-LO) soybean meal, which has emerged as a highly efficient and cost-effective alternative to traditional soybean meal in poultry nutrition. The trial demonstrated that UHP-LO soybean meal can effectively replace conventional soybean meal in broiler diets without compromising performance metrics such as final body weights and feed conversion ratios.
Significantly, the study highlighted a reduction in feed costs achieved through the enhanced protein content and metabolizable energy associated with the UHP-LO soybean meal. With a notable 14 percent increase in crude protein and substantially lower levels of anti-nutrients compared to conventional options, this innovative feed ingredient not only promotes better poultry health but also aligns with broader sustainability objectives within the agricultural sector.
Benson Hill’s commitment to advancing agricultural practices is evident in these findings, as expressed by Matt Begemann, Senior Director of R&D. He emphasized that collaborative efforts with industry partners reflect the company’s dedication to improving soy quality traits that ultimately benefit the entire food supply chain. Given the ongoing research and development initiatives, Benson Hill is poised to further enhance the applications of its innovative soybean meal, fostering a more sustainable future in animal nutrition.
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