Investment in Smart Earth Seeds for camelina genetics
Ag-West Bio, Saskatchewan’s bioscience industry association, has approved a $300,000 investment in Smart Earth Seeds, a vertically-integrated plant breeding company developing high-omega meal and oil products derived from its proprietary camelina genetics platform.
Camelina offers special promise as a sustainable source of the essential fatty acid ALA (an omega 3 fatty acid) as well as an ideally balanced Omega3:Omega6 ratio. It’s also rich in vitamin E and natural antioxidants.
Smart Earth Seeds has generated over $1 million from sales of its camelina products, including significant sales into the aquafeed industry. Smart Earth has sought and received approvals from the Canadian Food Inspection Agency for use of rich-Omega3 camelina meal as feed for broiler chickens and egg-laying hens. CFIA has recently approved camelina oil for use as a feed ingredient for salmon and trout. Exciting breakthrough markets for camelina products also include the equine and pet food industry as well as for cattle and dairy production.
Smart Earth’s plant-breeding activities will provide traits that ensure maximum yield and profitability to benefit farmers. Soon-to-be released varieties will offer non-GMO herbicide resistance and a significantly larger seed size.
May 12, 2017 By Top Crop Manager