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Bunge and GDM formed a joint venture, Enerseed, to develop and commercialise non-traditional oilseed crops for biofuel production. The venture will combine GDM's plant genetics with Bunge's processing and market access, and will license its technology openly to seed companies and researchers.
The project targets future biofuel feedstock supply rather than near-term volumes, so its direct price effect on feed ingredients is limited for now.
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