World Grain - January 2021 - 13

Calyxt to sell its 2020 soybean production to ADM
ROSEVILLE, MINNESOTA, US - Calyxt, Inc., a plantbased technology company, has contracted to sell its 2020
grain production of its high oleic soybean to Archer Daniels
Midland Co. (ADM).
Calyxt's high oleic soybean was launched in 2019 as the
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States. ADM has contracted to purchase all Calyxt's high oleic
soybean grain following an initial purchase earlier in the year.
The total purchases represent approximately 4 million bushels
of high oleic soybean grain. ADM is responsible to crush the
grain and will market and sell the resulting oil and meal.
" This agreement with ADM is yet another key milestone
in monetizing our proprietary gene-editing technology and
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The transaction is a step in Calyxt's 2020 transition to an
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and will continue through late 2021.
" At ADM, we're continually looking for ways to create
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of customer portfolio management for ADM. " We're seeing
more and more customers asking for high-oleic products, and
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to expand our portfolio to meet the growing demand of our
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EU grain output forecast to rise in 2021
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COCERAL sees the total grain crop in the EU-27+UK at
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The report released on Dec. 9 projects wheat production
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COCERAL forecasts EU-27+UK 2021 barley production at
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crops than in 2020, production is seen down in Spain, where
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been excellent in 2020, and in the UK, where spring barley
planting should decrease substantially as the country has
planted more winter grains this year than last year.
The EU-27+UK 2021 corn crop is seen by COCERAL at
63.1 million tonnes, up from last year's 62.8-million-tonne
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7KH(88.UDSHVHHGFURSLVIRUHFDVWWRUHFRYHUVOLJKWly from 16.9 million tonnes to 17.8 million tonnes because of
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World Grain - January 2021

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