A Brexit deal made at the eleventh hour between the EU and UK will mean tariff-free trade between the two regions, Olives Oil Times wrote on 4 January.

Malaysian palm oil production is expected to increase slightly by 200,000 tonnes to 19.6M tonnes in 2021, against 19.4M tonnes a year ago, the Malaysian Palm Oil Trade Fair and Seminar 2021 (POTS Digital 2021) heard on 5 January.

US biotech firm LanzaTech has reported successfully turning waste carbon into lipids and omega-3 fatty acids.

The UK will retain anti-dumping duties on biodiesel originating from Argentina following Brexit on 1 January, according to a UK Department for International Trade notice.

Global agribusiness giant Cargill has acquired a minority equity stake in Fauji Akbar Portia Marine Terminal Limited (FAP), a leading Pakistani bulk terminal operating at Port Qasim, Karachi, Daily Pakistan reports.

BASF has agreed to sell its Illinois manufacturing site of vegetable oil-based raw material sterols and natural vitamin E, anionic surfactants and esters.

Glencore Agriculture’s operations in Australia, Brazil, Egypt, Kazakhstan, New Zealand, Romania, Russia and Ukraine are scheduled to rebrand in May 2021 following the company’s official renaming to Viterra at the end of November.

The United Nations’ Food and Agriculture Organization (FAO)’s vegetable oil price index reached its highest level since April 2014 in November last year, driven by firming prices for all vegetable oils, especially palm.

Argentina’s oilseed workers’ unions signed a deal with the country’s crushing companies on 29 December to end a 20-day strike over wages that had paralysed exports, Reuters reports.

Argus has launched Asia’s first renewable diesel and sustainable aviation fuel (SAF) prices.

Increased investment in port capacity in Ukraine over recent years could drive higher competition between terminals and slash trans-shipment costs, according to an AgriCensus report.

Around 600 Paraguayan lorries carrying soyabeans and their derivatives were held up for almost two weeks at the border with Brazil due to bureaucratic delays, AgriCensus reported on 7 December from Paraguayan press reports.

The introduction of higher crude palm oil (CPO) taxes in Indonesia to raise funds for the country’s palm-based biodiesel programme could hit demand next year, Reuters reported on 3 December.