Oils & Fats International News
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Ukraine says almost 300,000 tonnes of grain destroyed since July in Russian attacks on ports and ships
Russian attacks on Ukraine’s ports and ships have destroyed nearly 300,000 tonnes of grain since July, Reuters reported the Ukrainian government as saying.
19 October 2023 -
Northern Brazil drought shifts logistics south due to low water levels
Drought conditions in northern Brazil are causing logistical problems due to low water levels in key waterways in the Amazon basin, leading to grain and oilseed shipments being diverted to southern ports, sources told AgriCensus.
18 October 2023 -
Mississippi River barged grain volumes drop 29% below five-year average
Total grain volumes barged on the Mississippi River are almost 30% below the five-year average due to low export sales and falling water levels, according to a report by the United States Department of Agriculture (USDA) reported by World Grain.
18 October 2023 -
India aims to triple palm oil production by 2030
The Indian government is planning to triple palm oil production by 2030 as part of the country’s national palm mission, according to a Financial Express report.
17 October 2023 -
Cargill and Solidaridad team up to help soyabean and palm oil producers improve climate and land use practices and increase income
Global agribusiness giant Cargill and international civil society organisation Solidaridad have formed a partnership in five countries to help soyabean and palm oil producers improve climate and land use practices and increase income.
17 October 2023 -
California first US state to ban brominated vegetable oil and three other chemicals in food
California has become the first to ban brominated vegetable oil (BVO) and three other chemicals in food, Food Safety News reported.
17 October 2023 -
Grains and oilseeds platform helps LDC deliver strong first half results
Global agribusiness giant Louis Dreyfus Company (LDC) announced strong financial results in the first half of 2023 despite ongoing geopolitical, macro-economic and environmental challenges helped by the performance of its grains and oilseeds platform.
16 October 2023 -
Indonesia’s new B35 blending rate expected to raise biodiesel consumption by 25% to 13bn litres
The Indonesian government’s introduction of a new B35 blending is expected to increase the country’s biodiesel consumption by 25% to 13bn litres this year, according to a report by the United States Department of Agriculture (USDA).
16 October 2023 -
NGOs accuse Bayer of hiding data on glyphosate risk
A group of NGOs has filed claims in an Austrian court alleging that German chemical giant Bayer withheld data showing health risks from exposure to its herbicide glyphosate, Phys Org wrote.
16 October 2023 -
Corteva, Bayer supply majority of corn, cotton and soyabean seeds in USA in 2018-2020
More than half of US retail sales of corn, cotton and soyabean seeds in 2018-2020 – the most up-to-date estimates available – were supplied by Corteva and Bayer, according to a report by the US Department of Agriculture (USDA)’s Economic Research Service (ERS).
13 October 2023 -
Palm oil prices rise amid turmoil in Middle East
Malaysian palm oil prices have risen due to expectations of increased biodiesel demand following a hike in crude oil prices against a backdrop of turmoil in the Middle East, Business Recorder reported.
13 October 2023 -
Palm oil company pays fines more than a decade after Aceh forest fire case
Palm oil company PT Kallista Alam has started paying for the environmental damage the company caused through a forest fire more than a decade ago, the Jakarta Post wrote.
12 October 2023 -
Moldova to limit Ukrainian grain imports while allowing transit to third countries
Ukrainian grain imports into Moldova will be limited to protect local farmers while transit to third countries would be allowed to continue, Reuters reported from a government statement.
12 October 2023