MINNEAPOLIS, MINNESOTA, U.S. — Cargill announced on May 17 that it has completed its 20th consecutive year of successful contracting with farmers to grow VICTORY high oleic canola in Canada and the U.S.
“Cargill is committed to helping our customers and our grower partners succeed, and we’re pleased to celebrate this 20-year milestone of bringing value to both of those important partnerships,” said Jenny Verner, president, Cargill Specialty Canola Oils. “Consumer packaged goods and foodservice companies have long relied on Cargill to be their supplier of specialty oils as they meet growing consumer demand for healthier products – and this is particularly important during times of market volatility.”
Since 1992, high oleic canola oil customers have relied on this contracting program to supply their oil needs. In 2012, for the 20th consecutive year, Cargill contracted enough high oleic canola production to meet the growing needs of all its customers.
According to Verner, growers continue to partner with Cargill for the identity-preserved production of high oleic canola because the program allows them to grow the highest-yielding VICTORY hybrid variety with the Roundup Ready herbicide trait and Liberty Link InVigor Health hybrid varieties. According to the 2011 Canola Performance Trials coordinated by the Canola Council of Canada, VICTORY V12-1achieved the highest return per acre of any canola variety.
“We’re committed to serving the entire supply chain, providing high-yielding Victory canola hybrids to farmers that ultimately result in oils with zero trans fats and lower saturated fat for our customers and the consumers they serve,” said Verner.