Oils & Fats International News
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Mississippi barge rates rise as water levels continue to fall
Barge rates on the Mississippi River are rising as water levels on key sections of the waterway continue to fall, according to US Department of Agriculture (USDA) data reported by Freight Waves.
12 September 2023 -
USDA forecasts total Brazilian biodiesel production this year at 7.1bn litres
Brazil – the third largest producer and consumer of biodiesel after Indonesia and the USA – is forecast to produce 7.1bn litres of biodiesel this year, according to a report by the United States Department of Agriculture (USDA).
12 September 2023 -
SAF production in USA could reach 2.2bn gallons by 2026
Sustainable aviation fuel (SAF) production in the USA could reach 2.2bn gallons (8.3bn litres) by 2026 while global output could total 4bn gallons (15.14bn litres), according to research by Rabobank reported by World Grain.
11 September 2023 -
Holde Agri Invest builds new silo in Romania
Romanian farming investment company Holde Agri Invest has built a new silo at Frumusani farm, in the country’s Calarasi county.
11 September 2023 -
Putin refuses to rejoin grain deal without concessions for Russia exports
Russian President Vladimir Putin has said he would only rejoin the Black Sea Grain Initiative (BSGI) if restrictions on his country’s exports were lifted, AP News reported.
11 September 2023 -
COFCO starts construction at Brazilian port
China’s largest food and agricultural company COFCO International has started work on the expansion of the Port of Santos terminal in Brazil.
08 September 2023 -
Panama Canal Authority starts holding auctions for ships waiting to transit amid ongoing delays
The Panama Canal Authority (PCA) has reportedly started holding auctions for ships waiting to pass the canal, with reports of one vessel paying US$2.4M to transit, amid warnings that restrictions at the key waterway could continue for another 10 months, AgriCensus wrote.
08 September 2023 -
Greenpeace accuses fossil fuel companies of greenwashing despite net zero pledges
Twelve of Europe’s leading fossil fuel companies are misleading the public about their net zero pledges, using greenwashing jargon, publishing misleading diagrams of their activities and reporting only partial data, according to analysis commissioned by Greenpeace Central and Eastern Europe (CEE).
07 September 2023 -
Farmers oppose EU’s historic nature restoration law
New legislation to restore and protect nature in European Union (EU) member states has been opposed by farmers claiming it will lead to the loss of agricultural land, Olive Oil Times wrote.
07 September 2023 -
Argentina’s introduction of fifth “soya dollar” scheme not welcomed by producers
The Argentine government officially confirmed the introduction of a fifth “soya dollar” scheme on 5 September to boost exports and foreign currency earnings, the Buenos Aires Times reported on the day of the announcement.
06 September 2023 -
Argentine biodiesel production near record low level
Biodiesel production in Argentina this year [2023] is forecast at an almost record low level of 1bn litres due to weak demand for diesel, a low blending ratio and reduced exports, according to a report on the sector by the United States Department of Agriculture (USDA).
06 September 2023 -
Syngenta Seeds partner with Sustainable Oils to sell camelina seed
Syngenta Seeds and Sustainable Oils have formed a partnership to sell camelina seed.
05 September 2023 -
Green Bison soyabean crushing facility set to begin operations in next few weeks
The Green Bison soya processing facility in Spiritwood is expected to begin crushing and processing soyabeans in the next few weeks.
05 September 2023