Oils & Fats International News
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Louis Dreyfus acquires Emerald Grain in Australia
Global agribusiness giant Louis Dreyfus Company (LDC) has announced the acquisition of leading Australian grain handling business Emerald Grain from Long River Farms.
13 October 2022 -
Certified sustainable palm oil (CSPO) production increases by almost 6% last year
Production of certified sustainable palm oil (CSPO) increased by almost 6% last year, according to the Roundtable on Sustainable Palm Oil (RSPO)’s latest Annual Communication of Progress (ACOP) report.
12 October 2022 -
Brazilian soyabean crushing companies halt operations due to falling margins and weak demand
A number of Brazilian soyabean crushing companies have reportedly halted processing operations due to falling margins and weak demand, local sources told AgriCensus.
12 October 2022 -
Viterra completes acquisition of Gavilon’s grain and ingredients business
Glencore’s agriculture division Viterra has completed its acquisition of the grain and ingredients business of US oilseed and ingredients firm Gavilon from Marubeni, Viterra announced.
11 October 2022 -
TotalEnergies and SARIA sign agreement to develop sustainable aviation fuel (SAF) at Grandpuits refinery
French oil giant TotalEnergies has entered an agreement with German rendering company SARIA to produce sustainable aviation fuel (SAF) at its Grandpuits refinery in Seine-et-Marne, France.
11 October 2022 -
Low Mississippi river water levels threaten US corn and soyabean exports
A sharp drop in water levels on the key Mississippi river in the USA due to recent droughts has been forcing barges to reduce loads by up to 40% to pass through shallower waters, AgriCensus reported market sources as saying.
11 October 2022 -
China’s biodiesel production to rise by 32% this year
Biodiesel production in China is expected to increase by 32% this year compared to 2021 mainly due to a surge in export demand, according to the latest data from the United States Department of Agriculture (USDA) reported by Biodiesel magazine.
10 October 2022 -
US soyabean farmers commit funding to help offset costs of Port of Grays Harbour export terminal expansion
Soyabean farmers in the USA have committed to providing US$900,000 funding to help offset the costs of a project to expand the Port of Grays Harbour (POGH) terminal, World Grain wrote.
10 October 2022 -
Fate of Amazon hangs on Brazil’s presidential election
The Amazon’s future rests on the result of Brazil’s national election, with experts saying that the rampant destruction under incumbent Jair President Bolsonaro could push the world’s biggest rainforest past an irreversible tipping point if he is re-elected, The Guardian newspaper reports.
10 October 2022 -
PepsiCo and ADM to collaborate on regenerative agriculture projects
US food and drink giant PepsiCo and leading global agribusiness Archer Daniels Midland (ADM) have agreed to work in partnership on projects aimed at significantly expanding regenerative agriculture across their shared North American supply chains.
07 October 2022 -
Ukrainian crushing companies face tight supply of old and new crop sunflowerseeds
Crushing companies in Ukraine are facing a tight supply of sunflowerseeds due to farmers holding back sales of old crop and low new stocks, compounded by the harvesting campaign’s slow progress due to heavy rainfall, AgriCensus wrote.
07 October 2022 -
Louis Dreyfus first half results show soaring net income
Global agribusiness giant Louis Dreyfus Company (LDC) has announced a 97% increase in net income for the first half of the year.
06 October 2022 -
ADM opens extrusion facility in Serbia to supply non-GM textured soya protein
Global agribusiness giant Archers Daniels Midland (ADM) has announced the opening of an extrusion facility in Serbia to supply non-genetically modified (GM) textured soya protein.
06 October 2022
