A drop in palm oil imports by the EU-27 plus UK is expected to decline further, according to forecasts published by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) on 30 June.

A research review has found there is no evidence for limiting whole foods that are high in saturated fat, Bicycling reported on 23 June.

Researchers in China have developed a high-quality genome map of diverse soyabean varieties, which could help improve breeding and cultivation of the oilseed, Xinhua Net reported on 18 June.

Global agribusiness Cargill has completed the mapping of its Brazilian soya farm suppliers, the company announced in its mid-year progress report on 30 June.

Finnish renewable fuels producer Neste has entered a circular economy partnership with McDonald’s Netherlands and global supply chain company HAVI, the company announced on 24 June.

Brazilian petroleum company Petróleo Brasileiro (Petrobras) is planning to produce renewable diesel that complies with the country’s new fuel regulations at its REPAR refinery, Oil&Gas Journal reported on 24 June.

A new standard of identity for imported olive oil is being considered by the United States Food and Drug Administration (FDA), Olive Oil Times reported on 19 June.

Palm oil demand in India is not forecast to recover until the first quarter of 2021 while palm oil prices are expected to remain low until the end of the current calendar year, AgriCensus quoted Godrej International director Dorab Mistry as saying on 26 June.

The Malaysian government is taking legal action against the European Union’s restrictions on palm oil-based biofuels with the World Trade Organization (WTO), The Straits Times reported on 1 July.

The European Union (EU) may impose retaliatory tariffs on the USA pending a decision from the World Trade Organization (WTO), Olive Oil Times reported on 12 June.

A partnership to develop risk management products for both the Brazilian domestic and global markets has been announced by global financial derivatives exchange CME Group and Brazilian stock exchange B3, World Grain reported on 23 June.

Consumer goods giant Unilever aims to achieve Net Zero emissions from all its products by 2039, the company announced on 15 June.

Plans to produce fuel made entirely from palm oil in Indonesia have been pushed back by three years, Reuters reported on 16 June.