Israel-headed Casterra Ag Ltd (Casterra), an integrated castor cultivation solution company and a subsidiary of compatriot computational biology firm Evogene Ltd (Evogene) has announced that the company has recently signed strategic agreements with existing and new seed producers in Brazil and Africa to increase its production capabilities of high-yielding, high-oil castor seeds.
These agreements are expected to add approximately 400 tonnes in 2024 and establish long-term production infrastructure.
Expanding the number of castor seed producers in various geographies with whom the company currently works is expected to lower production risks.
Casterra’s high-yield castor seed varieties, developed with Evogene’s GeneRator AI tech engine, are rigorously tested to meet industry standards.
According to the company, they are distinguished by “exceptional cleanliness, successful phytosanitary test results, and an exceptional germination rate of ~90 percent, exceeding industry benchmarks.”
These agreements strengthen our supply chain and mark a strategic change towards diversifying our production sources. Ensuring a reliable and sustainable supply of castor seeds is crucial in meeting the evolving demands of our customers while contributing positively to local economies. Casterra intends to continue to seek additional seed producers to engage within 2024, to support ongoing seed production, said Yoash Zohar, CEO of Casterra.
