A Russian drone strike has hit port facilities in the Odessa region of Ukraine including the inland port of Izmail across the Danube River from NATO member Romania, the BBC reported on 2 August.

The United States Department of Agriculture (USDA) has revised its forecast for Argentina’s drought-hit soyabean crop downwards to 21.25M tonnes for the 2022/23 marketing year in its latest Global Agricultural Information Network (GAIN) report.

Russian multinational energy corporation company Lukoil has been testing algae-based biodiesel at its refinery in Bulgaria.

Chinese imports of soyabeans are expected to increase due to the country’s rising demand for soyabean meal and soyabean oil, according to a report by the United States Department of Agriculture (USDA).

Portuguese oil company Galp’s plan for an industrial-scale plant to produce biodiesel and sustainable aviation fuel (SAF) from waste materials has been approved by Portugal’s environment agency, Reuters reported.

Palm oil imports by European Union (EU) member states in the 2022/23 marketing year dropped significantly compared to the previous year, Germany’s Union for the Promotion of Plants and Protein (UFOP) reported.

Export routes for Ukrainian grain via Baltic ports as an alternative to shipments via the Black Sea – following Russia’s withdrawal from the Black Sea Grain Initiative (BSGI) – would only work with European Union (EU) subsidies to cover additional logistics costs, AgriCensus quoted trade sources as saying.

Grain terminal operator EGT is planning to triple soyabean meal storage capacity at its Port of Longview facility, in Washington, USA, World Grain wrote.

Indonesia’s Attorney General’s Office (AGO) was planning to subpoena Coordinating Economic Minister Airlangga Hartarto for questioning as a witness in its investigation into a palm oil corruption case which led to the imprisonment of five people earlier this year, Asia News Network reported on 20 July.

Global agribusiness giant Louis Dreyfus Company (LDC) has teamed up with renewable fuels company Global Clean Energy Holdings (GCEH) to promote camelina in Latin America, Biofuels Digest wrote.

The Malaysian government has maintained its crude palm oil (CPO) export tax rate for August at the maximum level of 8% while raising its reference price, AgriCensus quoted the Malaysian Palm Oil Board (MPOB) as saying in a circular.

Global agribusiness giant Louis Dreyfus Company (LDC) has opened its first grains and oilseeds warehouse in northwestern Argentina, World Grain reported.

Global agribusiness giant Louis Dreyfus Company (LDC) is set to add glycerine refining capabilities to its complex in Lampung, Indonesia, as part of an expansion of the facilities.