Nuseed and Agrisoma sign carinata distribution Letter of Intent
Canada-headed Agrisoma Biosciences Inc., an agricultural company that has commercialised Brassica carinata and seed developer Nuseed Pty Ltd, a wholly-owned subsidiary of Australia-headed Nufarm Ltd confirm they are in discussions to develop a distribution agreement for carinata seed.
The announcement follows last week’s world-first transpacific Qantas Airways flight powered by biojet fuel made from carinata developed by Agrisoma. According to a statement, both events signal the beginning of an exciting new market for Australian growers.
Qantas’ partnership with Agrisoma marks a big step in the development of a renewable jetfuel industry in Australia – it is a project we are really proud to be part of as we look at ways to reduce carbon emissions across our operations, said Alison Webster, CEO of Qantas International.
This year Agrisoma’s second phase of carinata research and development (R&D) is set to optimize the crop’s agronomic performance, and pre-commercial activities are anticipated as early as 2019. According to the companies, Brassica carinata, a type of non-food grade mustard seed, has numerous benefits for Australian growers:
- resilient crop; increases productivity of marginal land
- water and input efficient
- decreases erosion conserves nutrients and improves soil health
- meal is feed quality and high in protein
- uses the same equipment and agronomic knowledge as canola and wheat production
Carinata is grown and harvested much like canola. With Nuseed we have a seed distribution partner with agronomic knowledge, connection and commitment to Australian growers, plus expertise in production from grower to processor. Nuseed is the canola leader and an ideal distribution partner in Australia, they also have a global presence in other key regions said Steve Fabijanski, CEO of Agrisoma.
The Agrisoma carinata distribution Letter of Intent (LoI) complements Nuseed’s own research and development programs for their three core crops.
Plant traits have amazing potential to address many critical issues like improved nutrition, sustainability, and energy. We are working globally to realize this potential through strategic partnerships and our own canola, sorghum and sunflower R&D programs, said Brent Javra, Nuseed Global Business Leader.