Oils & Fats International News
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Report forecasts steep rise for Indonesian palm prices and land values
A new report forecasts a steep rise for Indonesian palm oil prices and land values.
10 September 2021 -
Argentina forms new agency to manage dredging on Paraná River
The Argentine government has formed a new agency to manage dredging operations on the Paraná River, World Grain quoted from a Reuters report on 26 August.
10 September 2021 -
Toyota allows farmers to pay for new trucks with soyabeans or corn in Brazil
Japanese car manufacturer Toyota is accepting soyabeans or corn as payment for vehicles in Brazil, the company announced on 4 August.
09 September 2021 -
Egypt set to build new bulk grain terminal at East Port Said
A new US$140M bulk grain terminal is set to be built at East Port Said in Egypt, Zawya reported on 9 August.
09 September 2021 -
Paraná River low water levels could last to end of the year
Low water levels in the Paraná River could last until the end of October and possibly until the end of the year, AgriCensus quoted from local press reports on 16 August.
08 September 2021 -
Black Sea sunflower harvest forecast to rise
Sunflower production in the Black Sea region could rise by 6M tonnes due to improved weather conditions, AgriCensus reported analysts as saying on 17 August.
08 September 2021 -
Beck’s Hybrids buys Bayer soyabean seed plant
Leading US seed company Beck’s Hybrids has purchased Bayer’s soyabean seed production and processing plant in Iowa, the USA, World Grain reported on 24 August.
07 September 2021 -
India cuts soya and sunflower oil import tax in bid to control edible oil prices
The Indian government has reduced the import tax on soya and sunflower oils in a bid to contain surging edible oil prices, AgriCensus reported.
07 September 2021 -
Marathon Petroleum joins ADM in soyabean oil venture to supply renewable diesel
US refiner Marathon Petroleum Corporation (MPC) and global agribusiness giant Archer Daniels Midland Co (ADM) have formed a joint venture for the production of soyabean oil to supply growing demand for renewable diesel, ADM announced on 19 August.
06 September 2021 -
US Gulf logistics and grain and oilseed exports hit by disruption after Hurricane Ida strikes
The disruption caused by Hurricane Ida on New Orleans and the US Gulf has hit logistics in the region, AgriCensus reported on 1 September.
06 September 2021 -
Brazil loses a fifth of fresh water supply due to climate change and deforestation
A new study has estimated that Brazil lost almost a fifth of its surface fresh water supply between 1991 and 2020 due to climate change and deforestation, AgriCensus reported on 23 August.
03 September 2021 -
Clariant acquires remaining 70% in Brazilian personal care company Beraca
Swiss speciality chemicals company Clariant has taken full ownership of Brazilian personal care firm Beraca, the company announced on 23 August.
03 September 2021 -
Corteva launches GM soyabeans in Brazil
Crop protection and biotech seed producer Corteva Inc has launched its genetically modified (GM) Conkesta E3 soyabean in Brazil, the company announced on 24 August.
02 September 2021