Minnesota-based Calyxt is reporting a third quarter loss of $7.5 million. The company’s first product is a high-oleic soybean oil and it is expected to reach the market late this year or early in 2019. Calyxt has already contracted over 17,000 acres for the 2019 growing season. That tops the acreage grown this past year with the plan to double its acreage in the year ahead. Calyxt is also working on a high-fiber wheat product that is on track for commercialization in 2020 or 2021.
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