# DowDuPont bets on canola in race to boost plant proteins - AgCanada

> DowDuPont plans to sell ProPound, a higher-protein canola variety, as early as 2019, targeting pig and poultry feed in Canada, the US and China. The company says the meal would reach 44 percent protein versus the typical 37 percent, narrowing the gap with soymeal at 47 percent.

- Date: 2018-05-18 · published 2018-05-18T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/64992-dowdupont-bets-on-canola-in-race-to-boost-plant-proteins-agcanada
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher-protein canola meal could gain share from soybean meal in livestock rations over time, a longer-term bearish factor for soymeal prices.

## Read by commodity

- SBM: bearish ▼
- CANMEAL: bullish ▲

## Sources

- agcanada.com: https://www.agcanada.com/daily/dowdupont-bets-on-canola-in-race-to-boost-plant-proteins
- grainews.ca: https://www.grainews.ca/daily/dowdupont-bets-on-canola-in-race-to-boost-plant-proteins/
- reuters.com: https://www.reuters.com/article/us-crops-protein-canola/dowdupont-bets-on-canola-in-race-to-boost-plant-proteins-idUSKCN1IJ1F2/

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