Voluntary sustainability schemes in Germany have agreed to work together to improve communication to tackle trading of fraudulent used cooking oil (UCO), Biofuels Digest wrote.

Insurance companies are unlikely to risk covering vessels transiting the Black Sea following Russia’s 17 July withdrawal from the Black Sea Grain Initiative (BSGI) facilitating Ukrainian grain and oilseed exports, according to a 21 July AgriCensus report.

Leading UK packaged oils supplier Edible Oils Limited (EOL) has completed an investment programme at its Erith and Belvedere sites in London.

Energy and commodity price reporting agency Argus has acquired agriculture price and analytics provider Mercaris in the USA.

The United States Department of Agriculture (USDA) has lowered its latest forecast for US soyabean exports in 2023/24 to 50.4M tonnes following the publication of a National Agricultural Statistics Service (NASS) report which indicated a reduction in soyabean planted area.

Oleochemicals and logistics company Cremer Óleo Paraguay has been given the go-ahead to export biodiesel to Europe and the USA, Biofuels Digest reported.

The Russian government is working on amendments to its export policy that would allow a temporary reduction or the elimination of export taxes to countries it regards as “friendly”, AgriCensus reported on 18 July.

Northern Bulgaria’s grain and bulk port operations are set for a €50M (US$54.6M) boost from a European Investment Bank (EIB) loan to help finance a modern grain storage and transportation terminal at the Black Sea port of Varna, World Grain reported.

Global agribusiness giant Bunge and US multinational energy corporation Chevron have acquired Argentine seed firm Chacraservicios from Italian energy company Adamant Group.

Thai petroleum and energy conglomerate Bangchak Corporation Public Company Limited (BCP) – previously known as Bangchak Petroleum – has signed a construction agreement for a sustainable aviation fuel (SAF) project using used cooking oil (UCO) in Thailand.

The European Commission (EC) has put forward a proposal to update European Union (EU) rules to reflect new gene editing techniques, Science Business wrote.

Work has begun on the construction of Grupo Potencial’s new soyabean crushing plant in Lapa, in the Brazilian state of Paraná, Biofuels Digest reported.

A day after Russia suspended its participation in the Black Sea Grain Initiative (BSGI) facilitating Ukrainian grain exports, Russia launched an attack on Ukrainian ports, Reuters reported on 18 July.