We just completed a short note on Ceres which is still marketing their IPO. The company has licensed IP from a few sources and combined with their own substantial investments in R&D to create bioengineered or genetically modified (GMO) seeds.

The first market for Ceres is Brazil where biofuels are already big and Ceres has a crop (sorghum) that extends the growing season and adds much-needed supply to that market.

In addition to their own strain of sweet sorghum the company has over 300 patents issued and pending on a variety of plants engineered to grow faster . . .

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