A California-based company says they have found the next big oil for food, feed, and fuel.
They tell aginfo.net that Pangamia gives the best bang for the buck.
After extensive plantings and, you know, research and development, we’ve got non-gmo tree varieties that can produce more oil per acre than the best midwest soybean land. In fact, multiples of that 4:00 to 5:00 claims that then the best midwest soybean land and you’re growing on land where you know you couldn’t grow soy at all. So I think it’s a very exciting prospect for the space. I think moreover because it’s a being you have that secondary stream of protein, basically a protein, carbohydrate bean meal like a soybean meal and we can use that in the growing markets for animals around the world, and both of these things, the oil and the protein can be upgraded into human applications, which just gives you a little bit of diversification,” said Naveen Sikka.
The Pangamia tree has other benefits, too. The group says it produces a high volume of pods which could rival that of palm oil.