Corteva, Bunge, and Chevron Collaborate to Produce Winter Canola for Renewable Fuels
Corteva, Bunge, and Chevron have announced a commercial collaboration to introduce proprietary winter canola hybrids for the production of low-carbon oil for use as feedstock for the growing domestic renewable fuel markets.
Proprietary canola varieties from Corteva can be used in a double crop system, following soybeans or cotton - giving farmers in the southern U.S. a new option and income channel while increasing their sustainability profile through the incorporation of a cover crop rotation.
Then, Bunge Chevron Ag Renewables, the joint venture between Bunge and Chevron, will contract with farmers to purchase the harvested winter canola to be processed into renewable fuels.
A pilot program will be conducted in the 2022-23 growing season, which will help all participants fine tune best management practices.
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