Omaha-based cattle feed and ethanol producer Green Plains and aquaculture feed producer Optimal Fish Food signed a joint venture to supply feed to the aquaculture industry.
The 50/50 partnership, Optimal Aquafeed, will see both companies join capabilities to supply the industry with protein feeds using alternative sources such as algae, plant-based proteins and other single-cell protein ingredients.
“Aquaculture is one of the fastest-growing industries in the world, and we have an opportunity to become a key supplier of high-quality protein aquafeed,” Green Plains President and CEO Todd Becker said.
“This joint venture perfectly aligns with our strategy to invest in high-protein process technology, providing us a pathway to a significant, growing customer base.”
