Casterra Ag Ltd. and a subsidiary of Evogen Ltd., is taking significant steps to strengthen its castor production capabilities. The company 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 tons in 2024 and establish long-term production infrastructure.

Expanding the number of 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. They are distinguished by exceptional cleanliness, successful phytosanitary test results, and an exceptional germination rate of ~90%, exceeding industry benchmarks.