Oils & Fats International News
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El Niño likely to affect olive growers
10 May 2023 -
Private sector investors expand oil palm production and processing capacity in Nigeria
Nigeria’s oil palm production and processing capacity are expanding due to private sector investment, according to a report by the United States Department of Agriculture (USDA).
10 May 2023 -
Yield10 Bioscience signs camelina oil offtake agreement with Marathon Petroleum Corp
US agricultural bioscience company Yield10 Bioscience has signed a camelina offtake agreement with US refiner Marathon Petroleum Corp.
09 May 2023 -
Bunge launches regenerative farming pilot programme in Brazil starting with 26 producers in Cerrado region
Global agribusiness giant Bunge has launched a regenerative farming pilot programme in Brazil starting with 26 producers in the Cerrado region.
09 May 2023 -
Spanish drought could increase need for grain imports
Drought conditions in Spain could affect crop production in the country and lead to increased demand for grain imports at a time of growing concern about the Ukrainian grain corridor, AgriCensus wrote.
09 May 2023 -
Another record year forecast for Brazilian soyabean planted area and production
Brazilian soyabean planted area and production are expected to reach new record levels in the 2023/24 marketing year, according to a report by the United States Department of Agriculture (USDA).
08 May 2023 -
ADM first quarter earnings boosted by strong performance of agri services and oilseeds
Global agribusiness giant ADM’s overall income increased by 11% in the first quarter of this year due to a strong performance by its Ag Services and Oilseeds division, which helped offset weaker performances by the company’s Carbohydrate Solutions and Nutrition segments, World Grain reported.
08 May 2023 -
European Commission reaches agreement on SAF mandate
The European Commission (EC) has announced that a political agreement has been reached on the REFuelEU Aviation proposal, which creates a mandate requiring the use of sustainable aviation fuel (SAF).
08 May 2023 -
Rapeseed consumption increasing worldwide
Global rapeseed consumption is rising, according to latest estimates by the United States Department of Agriculture (USDA) reported by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).
05 May 2023 -
EU bans import of four Ukrainian agri products into border countries until 5 June
The European Commission (EC) has suspended imports of several agricultural products from Ukraine until 5 June, AgriCensus reported.
05 May 2023 -
India focuses palm oil expansion in northeast but farmers give up crop
The Indian government’s drive to expand domestic production of palm oil in the country’s northeast to reduce dependence on imports has been held back by a lack of road connectivity with farmers giving up its cultivation for other crops, Eco-Business reported.
04 May 2023 -
Cargill Australia set to expand oilseed crushing capacity
Global agribusiness giant Cargill is set to invest US$50M (A$73M) in Australia in upgrading and expanding its oilseed crushing facilities in Newcastle, Narrabi and Footscray to meet rising global and domestic demand for canola and cottonseed oil.
04 May 2023 -
Sacred coronation oil to anoint King Charles will be animal-cruelty free
The oil to anoint King Charles in his coronation on 6 May is one of the most sacred and mysterious parts of the ceremony – and a new animal-cruelty free version has been prepared for the event, according to the BBC.
03 May 2023