ADM to Host Giant Insect Farm in Bet on Sustainable Animal Feed
- Grain trader partners with InnovaFeed on new Decatur factory
- Insects emerging as a sustainable protein alternative
Photographer: Guillaume Souvant/AFP/Getty Images
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Agricultural trader Archer-Daniels-Midland Co. is getting into the insect business to tap growing demand for alternative and sustainable sources of animal feed.
The company is partnering with InnovaFeed SAS to build an insect protein factory, which it says will be the world’s largest. The plant, located at its corn-processing site in Decatur, Illinois, will produce protein from black soldier fly and will begin construction next year, pending approvals, ADM said Thursday.