- 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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