Oils & Fats International News
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Chinese biodiesel exporters pledge to improve compliance and export standards following allegations of fraud
Biodiesel exporters in China have pledged to improve compliance and export standards following calls from European competitors for action to halt “potentially fraudulent” shipments, Yahoo! Finance reported from a Bloomberg report.
22 June 2023 -
Cargill not doing enough to fight deforestation and protect human rights, environmentalists claim
Global agribusiness giant Cargill has been urged to do more to fight deforestation and protect human rights by an activist group and researchers, AP News reported.
21 June 2023 -
Putin says Russia may exit Black Sea deal while G7 working on scheme to track suspected stolen Ukrainian grain
Russian President Vladimir Putin has said the country was considering withdrawing from the Black Sea Grain Initiative (BSGI) as it had failed to deliver any of its promises to export the Russia’s agricultural commodities and fertiliser to global markets, World Grain reported.
21 June 2023 -
Global warming could reduce omega-3 content in ocean fish
Climate change could lead to a decline in omega-3 fats and higher toxin levels in ocean fish, according to a report on the Nautilus website.
20 June 2023 -
USA takes next step in GM corn dispute with Mexico
The USA has taken the next step in trying to resolve a dispute with Mexico over its presidential decree to limit the use of genetically modified (GM) corn, World Grain reported.
20 June 2023 -
US duties on Argentine and Indonesian biodiesel to continue
The United States International Trade Commission (USITC) has announced that anti-dumping and countervailing duties on Argentine and Indonesian biodiesel would continue.
19 June 2023 -
Thai government looks set to increase mandatory biodiesel blending rate of palm oil
The government of Thailand looks set to increase the mandatory biodiesel blending rate of palm oil amid falling palm oil prices, according to a report by the United States Department of Agriculture (USDA).
19 June 2023 -
Court delays and Argentine drought threaten Vicentin rescue deal
A deal to rescue leading global soyabean supplier Vicentin is at risk due to court delays and Argentina’s most severe drought on record, Bloomberg reported.
19 June 2023 -
BASF to expand production capacity for alkyl polyglucosides in Cincinnati
German chemical and biotech giant BASF is set to expand its production capacity for alkyl polyglucosides (APGs) at its site Cincinnati, Ohio.
16 June 2023 -
Brazil forecast to export larger-than-usual soyabean volumes to the USA
Brazil was expected to export at least 200,000 tonnes of soyabeans to the USA between the last weeks of May and the beginning of June, according to line-up data analysed by AgriCensus.
16 June 2023 -
3F Oil Palm and Assam government launch oil palm plantation in northeast India
Leading Indian oil palm company 3F Oil Palm and the government of the Indian state of Assam (GoAS) have launched an oil palm plantation in the northeast of the country, India Today reported.
15 June 2023 -
EPA publishes final rule on gene-edited plants
The US Environmental Protection Agency (EPA) has published a final rule on gene-edited (GE) plants exempting them from an in-depth review process if the change could have been achieved with conventional breeding, Science website reported.
15 June 2023 -
Bunge and Vittera to merge to form US$34bn agri-trading giant
Leading US agribusiness Bunge and Glencore-backed Viterra have announced they would be merging to create an approximately US$34bn agricultural trading giant, Reuters reported.
14 June 2023