New deal hopes to grow carinata feedstock levels in US

A new agreement has been signed in the US between Agrisoma Biosciences (AB) and PGF Biofuels.

PGF will now have exclusive rights to distribute resonance carinata, a non-food industrial oilseed crop, and arrange production contracts with growers in North America and Australia.

AB oversaw more than 6,500 hectares of contracted plantations with 40 growers across Alberta and southern Saskatchewan.

PGF is a subsidiary of Peterson Global Foods and AB president Steve Fabijanski was quoted as saying: ‘Paterson has been at the forefront of the grain handling business for more than a century, working seed sales, relationships with farmers, logistics, transportation, elevation and sales. We’re pleased to be working with them on a long-term basis.’

Paterson will manage seed distribution, contract production, collection, processing and sales, while AB will be paid a royalty on sales generated from resonance carinata, which will vary depending on the end products.