Verity Announces Agreement with Minnesota Soybean Processors to Track and Verify Sustainable Agriculture Attributes

Company Overview - Verity Holdings, LLC has partnered with Minnesota Soybean Processors (MnSP) to implement proprietary track and trace software aimed at enhancing export premiums and compliance reporting [1][2] - MnSP operates a soy crush plant processing over 100,000 bushels per day, a refinery for edible oil and biofuels, and a biodiesel production plant with a capacity of 41 million gallons per year [3] - Gevo, Inc., the parent company of Verity, focuses on producing cost-effective, renewable fuels and has developed various facilities, including one of the largest dairy-based renewable natural gas facilities in the U.S. [5] Technology and Innovation - Verity's technology enables producers to document sustainable agriculture attributes, ensuring that sustainably grown soybeans provide real value across the supply chain [2] - The digital MRV platform developed by Verity utilizes distributed ledger technology to track, verify, and quantify carbon intensity throughout the carbon lifecycle [4] Market Position and Strategy - The partnership between Verity and MnSP is positioned to expand opportunities in international markets for sustainably certified products, particularly those from regeneratively grown soybeans [2] - MnSP aims to become the largest independent soybean crush facility in the U.S. and is focused on providing superior value to customers and returns to shareholders [7]