US plant-based company Beyond Meat has seen its sales drop by almost a third as shoppers cut back due to the cost-of-living crisis, the BBC reported.

Leading Indian agribusinesses Godrej Agrovet Limited (GAVL) and Patanjali have partnered with the Nagaland government to increase oil palm cultivation in the state’s foothill areas, the India Blooms news service reported.

The Indonesian government introduced mandatory B35 blending nationwide as of 1 August, Argus Media quoted the energy ministry’s director of bio-energy Edi Wibowo as saying.

US refining companies Marathon Petroleum Corporation (Marathon) and CVR Energy (CVR) are set to bring their new pre-treatment facilities online later this year, Biodiesel Magazine reported.

Alternative fats start-up Nourish Ingredients has secured A$5.8M (US$3.9M) in funding and grants from the Australian government to help with its launch late next year, AgFunder News reported.

The global biofuels market is forecast to reach US$390.6bn in 2030, according to research by Coherent Market Insights reported by Biofuels Digest.

The Vegetable Oil Price Index increased by 12.1% in July compared to the previous month after seven months of consecutive declines, according to the benchmark United Nations’ Food and Agriculture Organization (FAO) Food Price Index.

The world’s two biggest palm oil producers, Indonesia and Malaysia, have kept deforestation to near record-low levels, Eco-Business reported from satellite data collected by non-profit organisation Global Forest Watch (GFW).

Canadian energy company Imperial Oil has begun construction of the Strathcona renewable diesel project.

Global agribusiness giant Bunge raised its full-year 2023 earnings outlook after posting a second quarter profit above estimates due to improved processing margins, Reuters reported.

Indian agricultural commodity exchange the National Commodity & Derivatives Exchange Ltd (NCDEX) is set to revise its trading hours for derivatives, according to a NCDEX circular.

Poland’s Minister of Agriculture and Rural Development Robert Telus has told farmers in the country that grain imports from Ukraine would not be allowed to enter the country after 15 September, AgriCensus wrote.

Spanish energy company Repsol has plans to invest €120M (US$133M) in transforming a unit of its plant in Puertollano (Ciudad Real) with the aim of producing biodiesel by 2025, Servimedia wrote.