DECATUR, ILL. — Archer Daniels Midland Co. will offer contracts for high-oleic Nexera canola that offer premiums over commodity canola with “Act of God” protection, according to the Decatur-based company.
Nexera canola is used to produce oil that has a combination of high-oleic fatty acid (omega-9 fatty acid) and low-linolenic fatty acids. ADM said Nexera canola helps the company develop healthier oil solutions for the restaurant and food service industries.
“We rely on farmers to help us meet the growing consumer demand for healthier oil options such as high-oleic canola,” said Ken Campbell, general manager of ADM Softseed Processing. “Our partnership with Dow AgroSciences for Nexera canola allows us to offer farmers attractive contract options.”