# BNDES approves R$356.5 million for cottonseed and biodiesel projects in Mato Grosso

> 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, alongside an expansion of the company’s biodiesel plant. The new feed ingredient facility is expected to be completed by December 2027, and the company plans to export more than half its output.

- Date: 2026-11-09 · published 2026-11-09T15:08:13.399Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/89642-bndes-approves-r-356-5-million-for-cottonseed-and-biodiesel-projects-in-mato
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The project could add a high-protein cottonseed meal ingredient to feed markets, including export supply, potentially increasing competition for other protein meals over time. Its effect on feedstock demand for biodiesel is not specified.

## Read by commodity

- CSM: bearish ▼

## Sources

- brasil247.com: https://www.brasil247.com/bndes/bndes-aprova-r-3565-milhoes-e-viabiliza-projetos-da-dual-em-mato-grosso/
- canalrural.com.br: https://www.canalrural.com.br/economia/bndes-aprova-r-3565-milhoes-para-projetos-com-caroco-de-algodao-e-biodiesel-em-mt/
- comprerural.com: https://www.comprerural.com/bndes-caroco-de-algodao-mt/

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