Oils & Fats International News
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Omega-3 industry faces limited fish oil supply despite increasing aquaculture demand
The omega-3 industry is facing challenges due to limited fish oil supply and consumer confusion about the benefits of omega-3 fatty acids, alongside increasing demand from the aquaculture sector, Natural Products Insider reported from the Global Organization for EPA and DHA omega-3s (GOED) biannual event held in Athens, Greece.
01 March 2024 -
Singapore start-up to establish pilot biofuels plant
Singapore start-up Green COP is set to establish a pilot biofuels plant after securing funding.
29 February 2024 -
Ukrainian sunflower crushing margins fall due to low sunflower oil and meal prices
Crushing margins for sunflower oil and meal producers in the Black Sea have been impacted by falling prices for processed products in the past month, with margins for some crushers at the bare minimum in some regions, trade sources told AgriCensus.
29 February 2024 -
Starbucks expands Oleato line to all US stores
Leading coffee chain Starbucks has expanded its extra virgin olive oil-infused coffee line to all its stores in the USA.
28 February 2024 -
EIA forecasts US renewable diesel production to increase by 30% annually for next two years
Renewable diesel production in the USA is expected to expand by 30% annually in 2024 and 2025, Biodiesel magazine reported from US Energy Information Administration (EIA) data.
28 February 2024 -
Nigeria approves four biotech corn varieties
The Nigerian government has approved four varieties of genetically engineered (GE) corn, World Grain wrote citing a US Department of Agriculture (USDA) report.
27 February 2024 -
Cargill launches sustainable canola programme in Australia
Global agribusiness giant Cargill has launched a programme in Australia to help meet rising demand for sustainable canola and to help farmers connect with new and emerging markets.
27 February 2024 -
Oman’s X2E plans to invest US$1.6bn in biodiesel and SAF over next two years
Oman-British start-up X2E has announced plans to invest US$1.6bn in biodiesel and sustainable aviation fuel (SAF) projects over the next two years, the company’s founder and CEO told Zawya Projects.
26 February 2024 -
EU auditors raise concerns over future of biofuel policy
The European Court of Auditors (ECA) has raised concerns with the European Union (EU)’s biofuel policy, World Bio Market Insights reported.
26 February 2024 -
Brazilian crop agency lowers soyabean and corn outlook due to El Niño
Brazilian crop agency Conab has lowered its February domestic corn and soyabean production estimates from the previous month’s forecast due to the impact of El Niño weather effects on crops, World Grain reported from a Reuters analysis of the agency’s data.
23 February 2024 -
Ukrainian farmers to prioritise oilseeds, agriculture ministry says
Farmers in Ukraine are expected to reduce the area planted with corn but continue to increase oilseed planting, particularly soyabeans, according to an Ukrainian agriculture ministry survey reported by AgriCensus.
23 February 2024 -
Cargill’s fats and oils now comply with WHO standards for industrially-produced trans fats
Global agribusiness giant Cargill’s complete edible oils portfolio now complies with the World Health Organization’s (WHO’s) best practice on industrially-produced trans fatty acids (iTFAs).
22 February 2024 -
Black Sea sunflower oil traders look for new export markets as Asian demand falters
Sunflower oil traders in the Black Sea have been looking for new export markets as demand from Asian falters due to high stocks, national holidays and increased competition, AgriCensus reported.
22 February 2024