Indiana [United States]: Corteva Inc. and Bunge are taking a major step forward in the animal feed industry: the development of more nutritious Soybean meal for poultry, swine, and aqua feed. The companies have teamed up to create new Soybean varieties that could open new value stream opportunities for Soybean farmers while providing feed compounders with an alternative to synthetic additives and lower costs with a reduced carbon footprint. This multi-year collaboration is set to create major advancements in the industry.
Corteva is leveraging its knowledge in germplasm and gene editing to create Soybean varieties with more protein content, improved Amino acid proportions, and lower anti-nutritional factors. Early field experiments have shown Corteva's approach to be successful in increasing protein levels and methionine and lysine - two key Amino acids - while still providing high yields of both field and oil.
Bunge has announced that it will be exclusively handling the oilseed processing and merchandising of high-value meal and oil. With deep relationships with farmers, supported by existing facilities, the company can source the oilseed to deliver more value to farmers, feed compounders, and animal protein producers.
The global market for synthetic Methionine and Lysine for feed applications is already worth over $10 billion a year and is expected to continue rising due to increasing demand for animal proteins.
The firms anticipate putting these Soybean types into production by the end of this decade.