Russia – the world’s leading sunflower oil producer – is planning to increase exports to India in a bid to replace Ukrainian supplies that are being redirected to Europe, according to a Reuters report quoting the state agricultural export agency.

Malaysian palm oil stocks are expected to end the year at around 1.7M tonnes due to a seasonal slowdown in production alongside rising exports to meet festive season demand, according to The Star.

Confectionery and snack giant Mars’ US$36bn bid to acquire global snacking business Kellanova looks set to win unconditional European Union (EU) antitrust approval, according to three sources with direct knowledge of the matter quoted in a 7 October Reuters report.

Chinese buyers have ordered at least 10 cargoes of Argentine soyabeans after Buenos Aires temporarily dropped soyabean and grain export taxes, Reuters reported traders as saying.

Canadian food tech company Burcon NutraScience Corporation has made the first commercial sale of its non-genetically modified (GM) canola protein isolate.

Butter prices have dropped worldwide due to an oversupply of milk hitting all major producing regions, Vesper reported.

Singapore-based biotech company Terra Oleo has raised US$3.1M in funding to support its yeast-based fermentation platform producing tailored lipids.

Italian oil and gas company Eni is set to launch a new hydrotreated vegetable oil (HVO)/sustainable aviation fuel (SAF) project in Sannazzaro de’ Burgondi, Italy.

India is set to begin sustainable aviation fuel (SAF) production by the end of the year, according to a senior industry official quoted in a Hindu Businessline report.

British food tech start-up Clean Food Group (CFG) has acquired the assets of omega-3 oil manufacturer and supplier Algal Omega 3 (AO3), a company in administration.

Global agribusiness giant Louis Dreyfus Company (LDC) has completed its acquisition of German chemical and biotech company BASF’s food and health performance ingredients business.

Chinese state trading firm COFCO has bought up to nine 60,000 tonne shipments of Australian canola, three trade sources told Reuters, amid an ongoing trade dispute between China and Canada.

The International Air Transport Association (IATA) has urged governments meeting at the 42nd International Civil Aviation Organisation’s (ICAO’s) assembly in Montreal, Canada, to increase support for sustainable aviation fuel (SAF), Forbes reported.