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Latest Oils & Fats International News

Bunge reports 2015 loss in sugar and bioenergy segment

April 11, 2016

In February, agribusiness giant Bunge Ltd reported a US$22M loss in its sugar and bioenergy segment for 2015, despite improved prices and sales volumes for Brazilian ethanol. 

Palsgaard celebrates CO2-neutrality

April 11, 2016

Danish food ingredients manufacturer Palsgaard A/S revealed on 1 April that it achieved CO2-neutrality at its Danish plant in 2015. The company also reconfirmed plans to achieve a zero carbon footprint in all production plants worldwide by 2020.

US FDA to test for glyphosate in food

April 08, 2016

The US Food and Drug Administration (FDA) announced in February that it would, for the first time, begin testing foods such as soyabeans, corn, milk and eggs for residues of the weed killer, glyphosate.

Delaware is headquarters for two of new DowDuPont businesses

April 07, 2016

DuPont and Dow announced on 19 February that Delaware, USA would be the location for the headquarters of the agriculture company they intend to create after completion of their proposed merger. 

European Parliament approves zero-duty olive oil from Tunisia

April 06, 2016

On 10 March, the European Parliament approved an emergency aid package for Tunisia, which includes a regulation to allow the EU to import 70,000 tonnes of olive oil over two years without additional duties, Olive Oil Times reports.

Record soya exports from Paranagu√°

April 05, 2016

Soya was the most important product shipped from Brazil’s port of Paranaguá in 2015, with 8.5M tonnes exported last year, reports World Grain.

BP ethanol production nearly doubled in 2015

April 05, 2016

UK petroleum giant BP Plc increased its ethanol production by 47% last year compared to 2014, according to SeeNews.

Russia to be largest oilseed meal consumer in Caspian-Black Sea region

April 04, 2016

USDA forecasts predict that Russia will become the largest consumer of oilseed meals among all countries in the Caspian-Black Sea region in 2015/16, APK Inform reports on 1 April.

Cargill reports on Cocoa Promise

April 01, 2016

On 7 March, global agribusiness giant Cargill published its second report on the company’s Cocoa Promise.

It said it had introduced a monitoring and evaluation system to improve the effectiveness of its activities, enabling a more evidence-based approach to help raise the living standards of farmers and their families, as well as to address the sustainability challenges in the cocoa supply chain.

EFSA confirms Xf is causing olive disease in Italy

March 31, 2016

The European Food Safety Authority (EFSA) said on 29 March that a new study has confirmed that Xylella fastidiosa is responsible for the olive quick decline syndrome, which is destroying olive trees in southern Italy.

WTO rules in favour of some Argentine claims in biodiesel anti-dumping row with EU

March 30, 2016

The World Trade Organization (WHO) has ruled in favour of several of Argentina’s complaints filed with the international body against anti-dumping duties imposed on biodiesel imports by the EU, Reuters reported on 29 March.