NEW YORK (GenomeWeb News) – Germany's BASF Plant Science, South Korean venture firm Genomine, and South Korean university Postech said recently that they have entered a licensing agreement focused on discovering genes to help maximize yields in staple food and feed crops such as rice and corn.

Terms of the agreement call for Postech to conduct early discovery work, for Genomine to contribute gene discovery competencies, and for BASF to further analyze and develop the genes in commercial crops, including rice and corn.