Canola production in Australia in the current marketing year is expected to reach 5.2M tonnes, a drop of 17% compared to last year’s record crop, according to the latest estimates from the Australian Oilseed Federation (AOF) reported by AgriCensus.

The rapeseed harvest in the European Union (EU) this year is forecast to reach a five-year record, according to the latest European Union (EU) Commission data reported by the Union for the Promotion of Oil and Protein Plants (UFOP).

Spanish alternative fat company Cubiq Foods has raised a total of €5.75M (US$6M) in funding from four investors, including global agribusiness giant Cargill, the company announced.

Indonesia’s state-owned energy company PT Pertamina has teamed up with three Japanese gas companies to conduct a feasibility study on bio-methane production from palm oil mill waste (POME) and its potential to produce liquefied natural gas (LNG) in Indonesia, the company said.

The European Commission (EC) has plans to set up “Solidarity Lanes” to ensure Ukraine can export grain and import essential goods, including humanitarian aid, animal feed and fertilisers, World Grain wrote.

A new rapeseed strain developed in China has produced a record yield, China Daily reported.

Global oilseed production, consumption and trade are all forecast to rise in the current marketing year, according to the May oilseeds report by the Foreign Agricultural Service (FAS) of the United States Department of Agriculture (USDA).

The destruction of rainforests remained widespread last year, according to new data from the University of Maryland reported by the World Resources Institute’s Global Forest Review.

The use of oilseed meal from rapeseed and soyabeans in compound feeds in the European Union (EU) has declined over the last few years, according to a report by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).

The Ukrainian Ministry of Defence’s intelligence arm has said that Russian ships carrying stolen Ukrainian grain had reached the Mediterranean Sea and were likely to be heading to Syria, Fortune reported.

Nearly one-fifth of all European biofuels is now made from used cooking oil (UCO), which has also witnessed the most absolute growth compared with any other biomass-based diesel feedstock in Europe and North America in the last few years, the ACI Oleofuels 2022 conference heard last week.

US agricultural product processor and exporter Perdue AgriBusiness has entered a soya agreement with biotech company Zeakal, the companies announced.

Leading French cookware maker Le Creuset has warned customers not to cook with olive oil, Olive Oil Times reported.