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Origin Agritech Develops New Corn Varieties With Enhanced Nutritional Components

Origin Agritech Ltd (NASDAQ:SEED) said five newly developed sweet and waxy corn hybrid varieties with varied nutritional components have completed registrational…
byShivani Kumaresan
July 22, 2022
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  • Origin Agritech Ltd (NASDAQ:SEED) said five newly developed sweet and waxy corn hybrid varieties with varied nutritional components have completed registrational trails and await production approval.  
  • The newly developed corn hybrids include a sweet corn hybrid containing 45% more folic acid and other hybrids with high vitamin E and phenolic compounds.
  • The development is expected to cater to the Chinese market’s high demand for sweet and waxy corn.
  • Origin is testing new Nutritionally Enhanced Corn (NEC) hybrids in dozens of locations across the major corn-growing areas in China in 2022.
  • Price Action: SEED shares are trading lower by 5.33% at $9.23 on the last check Friday.
 
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