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Corteva Agriscience, Bunge, Botaneco and Protein Industries Canada announced on January 15 a joint investment of over $27 million to improve canola protein content. It is described as the first commercial breeding project focused specifically on canola protein quality.
The project targets higher-value canola meal for feed, a long-term quality development rather than a near-term supply shock. It is unlikely to move canola meal prices immediately.
feedstuffs.comJan 15, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
