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The company has invested around $325m in plant protein ventures over the last two years, with JV partner PURIS and now Cargill’s Ohio facility the chief beneficiaries of the investments.
The end of an unlikely surge in Iranian imports of US soy highlights risk that investors face when policymakers use ag to pursue unrelated goals.
Organics make up less than 1% of US corn and soy acreage despite higher returns.
Low prices, hefty reserves and promising US harvests will drive profits for large agribusinesses this year and next, Fitch Ratings says.
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