Oils & Fats International News
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FAO report forecasts global food import bill to hit US$1.8tn this year
The global food import bill is expected to increase by US$51bn to US$1.8tn this year, according to the latest Food Outlook report by the Food and Agriculture Organization of the United Nations (FAO).
27 June 2022 -
Turkey changes agricultural tender rules in bid to lower import prices
The Turkish government has changed the country’s agricultural tender rules in a bid to control surging import prices, trade sources told AgriCensus.
24 June 2022 -
Russian forces strike Ukraine’s Mykolaiv port and infrastructure for second time
The Ukrainian port of Mykolaiv has been hit by a second missile attack, with at least two grain and vegetable oil terminals hit by missiles, according to local sources quoted by AgriCensus.
24 June 2022 -
CHS set to add new grain storage facility in Minnesota
US agribusiness co-operative CHS has announced it will be building a new grain storage facility in Minnesota, USA.
23 June 2022 -
Ukrainian farmers complete spring planting
Farmers in Ukraine have finished their spring planting campaign, according to an official notice reported by AgriCensus.
23 June 2022 -
Bursa Malaysia completes first physical delivery for East Malaysia CPO futures contract in Sarawak
Futures and options exchange Bursa Malaysia Derivatives Berhad (BMD) has announced the completion of the first physical delivery of its East Malaysia Crude Palm Oil Futures Contract (FEPO) in the Malaysian state of Sarawak.
22 June 2022 -
Bayer wins fourth Roundup weedkiller case in USA
A US jury has found that German chemical giant Bayer’s Roundup weedkiller did not cause an Oregon’s man’s cancer – the company’s fourth consecutive trial victory over such claims, Reuters reported on 18 June.
22 June 2022 -
Cargill opens waste-based biodiesel plant in Belgium
Global agribusiness giant Cargill has announced the opening of an advanced biodiesel plant in Belgium to convert waste oils and residues into renewable fuel.
21 June 2022 -
Top agricultural exporting countries pledge action in bid to stabilise food prices and maximise yields
Leading agricultural exporting countries have pledged to stabilise food prices and maximise yields in a bit to strengthen global food security, Ein News reported.
21 June 2022 -
Endless LLP acquires leading UK edible oil supplier
British private equity investor Endless LLP (Endless) has announced it has acquired leading UK edible oil supplier KTC (Edibles) Limited (KTC).
20 June 2022 -
SK Chemicals starts mass production and supply of eco-friendly biopolyol
South Korean chemical and life sciences company SK Chemicals has announced it has started the mass production and supply of eco-friendly biopolyol (polyoxytrimethylene ether glycol or PO3G).
20 June 2022 -
Biden says temporary grain silos set to be built in Ukraine to help increase exports
US President Joe Biden has said temporary grain silos would be built along the western borders of Ukraine to help the country, which was invaded by Russia in late February, export more grain, World Grain reported on 15 June.
20 June 2022 -
Brazil’s Mato Grosso state produces record soyabean crop
The Brazilian state of Mato Grosso has produced its largest recorded soyabean crop, AgriCensus reported the state’s agriculture institute IMEA as saying.
17 June 2022