Global agribusiness giant ADM’s net earnings dropped 48% in the second quarter of this year due to lower soyabean crushing margins, World Grain reported.

US agricultural bioscience company Yield10 Bioscience has signed a memorandum of understanding (MoU) and licensing agreement with Nuseed Nutritional US ­­– the seed technologies platform of Nufarm – for omega-3 assets to produce camelina oil.

The European Union (EU) has reported a record number of potential olive oil fraud and mislabelling cases in the first quarter of this year, The Guardian reported.

Petroleum company Petroliam Nasional Berhad (PETRONAS), Japanese biotech firm Euglena and Enilive – a subsidiary of Italian energy multinational Eni – have agreed to jointly develop a biorefinery in Malaysia to produce sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO).

Dutch startup NoPalm Ingredients has raised €5M (US$5.4M) to scale up production of its palm oil alternative.

Asia-based biofuels company EcoCeres has secured 100,000m³ of storage capacity for sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) at Dialog Terminals Langsat (DTL3)’s facility in Malaysia.

A federal appeals court has rejected the US Environmental Protection Agency (EPA)’s 2022 decision to exclude small oil refineries from the nation’s biofuels blending programme and has asked the agency to review the issue, Reuters wrote.

Finnish renewable fuels producer Neste is partnering with Japanese trading company Mitsubishi Corporation (MC) to develop supply chains for renewable chemicals and plastics in Japan.

An Australian court has dismissed a class action lawsuit claiming German chemical company Bayer’s glyphosate-based weedkiller causes a type of blood cancer,

A ship found to have discharged palm oil waste into the South China Sea has sparked a debate over international regulations on marine pollution, Eco-Business wrote.

Global Biopolymers has partnered with SS Royal Kit Emirates Investment to form a new bioplastics company based in the United Arab Emirates (UAE).

The Canadian government will invest up to C$3.04M (US$2.16M) over five years to support research for grain and oilseeds producers in the Atlantic region, World Grain wrote.

The European Commission (EC) has approved Bunge Global’s acquisition of Viterra on condition that the companies divest of Viterra’s oilseed businesses in Hungary and Poland and logistical assets connected to those operations, World Grain wrote.