Yield10 Bioscience Announces Results In The First Field Test Of Stacked Herbicide Tolerance Traits In Camelina, Supporting Large Acreage Production Of Low-Carbon Intensity Feedstock Oil For The Biofuel Market
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Yield10 Bioscience, Inc. (NASDAQ:YTEN) announced positive results in the first field test of stacked herbicide tolerance traits in Camelina. The proprietary stacked HT Camelina varieties developed by Yield10 demonstrate tolerance to broadleaf weed control and Group 2 herbicide soil residues. This advancement supports grower adoption of stacked HT Camelina for the biofuel feedstock market. Yield10 is developing and commercializing spring and winter Camelina varieties with stacked herbicide traits for large acreage adoption in North America. The company plans to launch its first commercial HT Camelina varieties in 2025.
August 04, 2023 | 11:11 am
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Yield10 Bioscience's positive results in the first field test of stacked herbicide tolerance traits in Camelina could potentially boost the company's position in the biofuel feedstock market. The company's plan to launch its first commercial HT Camelina varieties in 2025 could also positively impact its future revenues.
The positive results from the field test demonstrate Yield10 Bioscience's progress in developing herbicide tolerant Camelina varieties. This could potentially increase the company's market share in the biofuel feedstock market, leading to increased revenues in the future. The company's plan to launch its first commercial HT Camelina varieties in 2025 also indicates a positive outlook for its future growth.
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