New soybean varieties could benefit markets including animal feed and biofuels.

The company has sold its soy processing plant and announced the appointment of a new CFO.

The segment will be sold to IMG Enterprises, allowing Benson Hill to focus on its Ingredients business.

The company plans to invest $550 million in a new soy protein plant located in Indiana.

The expansion will aid in the company’s ability to process non-GMO soybeans.

The food technology company plans to release pea ingredients and proteins within the next three years.