
Brazil’s BNDES approved R$356.5 million in financing for Dual’s projects in Pedra Preta, Mato Grosso. The funding includes R$271.6 million for a cottonseed protein concentrate plant producing a low-gossypol product with more than 60% protein for animal feed, and support for expanding biodiesel capacity; the new plant is expected to be completed by December 2027, with more than half its output planned for export.
The project could add a higher-protein cottonseed meal ingredient to feed markets, including export supply, potentially increasing competition for other protein meals over time. The biodiesel expansion could also affect local feedstock demand, but the article does not specify the inputs.
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