Cargill, InnovaFeed Extend Insect Feed Deal

Partners aim to feed 20 million piglets with insect oil by 2026

Piglet VIA PIXABAY May 2021

Cargill and French biotech firm InnovaFeed said they aim to feed 20 million piglets with insect oil by 2026 as part of a wider alternative protein deal, reportsReuters.

Insect feed has become an increasingly popular alternative in agriculture and aquaculture as demand for animal feed surges, pushing feed grain prices higher, and as more companies work toward reducing their carbon footprint.

Cargill and InnovaFeed announced afirst agreement in 2019, initially focusing on fish feed.

InnovaFeed将产生昆虫石油的计划t in Nesle in northern France, currently the world’s largest, which will then be shipped to Cargill in the United States for inclusion in animal feed products, Innovafeed’s spokeswoman said.

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