Photo: InnovaFeed

May 04, 2021

Cargill, InnovaFeed Extend Insect Feed Deal

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

source: Reuters

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, reports Reuters.

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 a first agreement in 2019, initially focusing on fish feed.

InnovaFeed will produce the insect oil in its plant 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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