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.

German chemical and biotech giant BASF is set to expand its production capacity for alkyl polyglucosides (APGs) at its site Cincinnati, Ohio.

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.

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.

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.

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.

US grain elevators could be forced to lower bids for soyabeans and grain due to high storage costs, according to a new report by CoBank’s Knowledge Exchange reported by World Grain.

The Vegetable Oil Price Index dropped by 8.7% in May, averaging 48.2% below the previous year’s level, according to the benchmark United Nations’ Food and Agriculture Organization (FAO) Food Price Index.

Oilseed production in Kazakhstan is expected to increase due to the use of modern production methods, favourable domestic prices and strong export demand from China, according to a report by the United States Department of Agriculture (USDA).

Rapeseed prices in the European Union (EU) have dropped sharply since the beginning of the year, according to a report by Germany’s Union for the Promotion of Oil and Plant Proteins (UFOP).

Sunflowerseed production in Ukraine is forecast to increase by 14% in the 2023/24 marketing year to 12.7M tonnes, according to new estimates by the Ukrainian Grain Association (UGA) reported by AgriCensus.

British multinational oil and gas company bp was set to use Honeywell technology to produce sustainable aviation fuel (SAF) at five new production sites in Australia, Europe and the USA, US engineering conglomerate Honeywell said.

The Roundtable on Sustainable Palm Oil (RSPO) has issued a hot weather alert and warned of potential fires amid forecasts of drier conditions in Southeast Asia.