Nuseed, a wholly owned subsidiary of Nufarm Ltd, has completed preparation for regulatory approvals of its innovative long-chain omega-3 canola.
Australian filings have been submitted, with United States and Canadian submissions anticipated to be filed this month. Pending regulatory approvals, commercialisation is expected to commence in 2018 or 2019.
Nuseed’s proprietary canola will provide long-chain omega-3 oils, similar to those found in fish oil, using a sustainable land-based source. It has been developed through collaboration between Nuseed, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the Grains Research and Development Corporation (GRDC).
Long-chain omega-3 DHA and EPA are essential for human and fish health. This new proprietary product aims to help relieve pressure on wild fish stocks, which are the current source for this important nutrient. By providing a proven land-based source of these oils, Nuseed will help maintain adequate supply to meet strongly increasing global demand. It is anticipated that one hectare of this canola has the potential to provide the omega-3 yield from 10,000 kg of fish.