The Indonesian government has lowered its top rate of crude palm oil (CPO) export levy, AgriCensus reported the country’s finance ministry as saying on 20 June.

South Korean start-up Koru Pharmaceuticals has developed a skincare range with hemp seed oil, healthbts.com wrote on 16 June.

The United States Department of Agriculture (USDA) has announced an additional US$700M COVID aid package for biofuel producers.

Chevron Lummus Global (CLG) and Applied Research Associates (ARA) are supplying technology for ReadiFuels-Iowa’s renewable diesel and sustainable aviation fuel (SAF) project, the companies announced on 3 June.

Maire Tecnimont subsidiary NextChem has been awarded a contract to build a sustainable aviation fuel (SAF) plant for TotalEnergies in France, Marie Tecnimont announced on 3 June.

Dutch speciality oils company De Wit is developing a bio-based solvent for the global oilseeds sector as part of a consortium awarded a US$3.3M (€2.8M grant) European Union (EU) grant, the company announced on 9 June.

US farmer-owned grain, agronomy, energy and feed cooperative NEW Cooperative has officially opened its new port on the Missouri River, World Grain reported on 14 June.

A new palm oil futures contract (FCPO) is being launched by Bursa Malaysia for East Malaysian palm oil producers, The Edge Markets reported on 24 May.

The FAO’s vegetable oil price index has been rising steadily for the past year, reaching a 13-year high in June, according to a report by the Union for the Promotion of Oil and Protein Plants (UFOP).

The Brazilian government is opening its doors to genetically modified US corn imports as the failure of the country’s second corn crop raises concerns about domestic feed availability, AgriCensus reported the country’s agriculture minister Tereza Cristina as saying.

Global agribusiness giant Cargill has partnered with German chemicals logistics, distribution and marketing company HELM to build a US$300M commercial-scale renewable butanediol (BDO) facility, Cargill announced on 8 June.

The European Union (EU)’s sunflower area in 2021 will be at the same level as last year, according to the latest European Commission (EC) estimates reported by the Union for the Promotion of Oil and Protein Plants (UFOP) on 8 June.

Soyabean exports from Paraguay dropped 7.3% in the first five months of this year compared with the same period in 2020, AgriCensus reported from the country’s central bank data on 10 June.