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Latest Oils & Fats International News


El Niño hitting palm oil production in Indonesia and Malaysia

March 10, 2016

Palm oil producers are experiencing the most extreme El Niño effects in 18 years, which has caused droughts in palm oil producing regions such as Indonesia and Malaysia and will result in lower production yields, Dr James Fry of LMC International told the Price Outlook Conference and Exhibition (POC 2016) in Kuala Lumpur, Malaysia on 7-9 March.


Bernardini launch new engineering company

March 10, 2016

A new engineering company specialising in the design and manufacture of plants for solvent extraction, edible oil refining, oleochemicals and biofuels was announced in January.


GreenPalm introduces traceability back to individual certified oil palm mills

March 09, 2016

GreenPalm, the certificate trading system that supports sustainable oil palm production, has introduced certificate traceability back to the individual originating certified mill for the 2016 market.


EU imports of Ukrainian sunflower oil increasing

March 08, 2016

EU countries continue to actively increase their import volumes of sunflower oil from Ukraine in the current season, APK-Inform analysts said at the end of February.


Sigma will launch Egypt grain exchange

March 07, 2016

Sigma Investments, based in Jordan, is set to partner with the Egyptian government to launch the region’s first grain exchange by the end of the year.


Ukraine grain and oilseed exports to exceed 40M tonnes

March 04, 2016

Oilseed and grain exports from Ukraine are forecast to reach almost 40.4M tonnes in the 2015/16 marketing year, exceeding the previous season’s total of 39.3M tonnes, according to the deputy director of sales and purchases of grains Astarta–Kyiv Agro-industrial holding, Dmitriy Lyul’ko.


GAR completes mapping of its supply chain

March 03, 2016

The world’s second-largest palm oil plantation company, Golden Agri-Resources (GAR) has completed the mapping of its supply chain back to the 489 individual mills, it announced on 25 February.


Cargill spinoff seeks to buy farmland in Brazil

March 02, 2016

Proterra Investment Partners, a spinoff from agricultural commodities producer Cargill, is looking to buy farmland in Brazil and elsewhere in Latin America, including Colombia and Mexico.


UNCTAD report says 2G biofuels are commercial reality

March 01, 2016

According to a United Nations Conference on Trade and Development (UNCTAD) report published on 23 February, advanced and second generation biofuels have become a commercial reality in the context of advanced technologies, economic pressures and a political will to act on climate change.


Cargill to stop crop inputs in central and eastern Europe

February 29, 2016

Global agribusiness corporation Cargill announced on 17 February that it had reviewed its grain and oilseeds businesses in Central and Eastern Europe and had subsequently decided to stop providing crop inputs to farmers, and exit fully from these activities by the end of May 2016.


Xylella fastidiosa spreading further in Corsica

February 26, 2016

Since it was first detected in Propriano, Corsica on 22 July 2015, there has been much concern that Xylella fastidiosa could spread further on the French island.