
Bunge and plant genetics company GDM announced Enerseed, a joint venture to develop non-traditional oilseeds for low-carbon fuels. The venture will combine GDM’s breeding and trait-development capabilities with Bunge’s processing network and commodity-market access, but has not named the crops, target regions, commercial timeline, or grower contract terms.
If successful, the venture could add new oilseed feedstocks for renewable fuels and create additional crop-rotation and demand opportunities. The near-term price impact is unclear because no crops, production regions, or commercialization schedule have been specified.
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