# Aquafeed.com |
   

   
    New investment to support the commercialization of Canadian high-protein canola products

> Protein Industries Canada announced a $31 million investment, with $13.4 million from the government and the rest from partners Corteva, Botaneco, Bunge, Rainfed Foods and Northeast Nutrition, to commercialize high-protein canola meal. The project targets feed use for non-ruminants, including farmed fish, and aims to raise demand for Canadian canola and sunflower protein.

- Date: 2024-04-04 · published 2024-04-04T12:00:00.000Z
- Category: policy · region Canada · magnitude low
- Page: https://feedsoft.ai/events/30830-aquafeed-com-new-investment-to-support-the-commercialization-of-canadian-high
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Developing higher-protein canola meal could expand its demand in aquafeed and other feed markets, modestly supporting canola meal values relative to soybean meal. The effect on prices is long-term and limited near term.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- aquafeed.com: https://www.aquafeed.com/newsroom/news/new-investment-to-support-the-commercialization-of-high-protein-canola-products/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.