Sunflower oil prices in the Black Sea region have fallen by 15% over the past two months, hitting their lowest level in two-and-a-half years, AgriCensus reports.

Canadian renewable fuel and feedstocks supplier Targray has opened two new biodiesel terminals in Oregon state, USA.

The Indian government has announced plans to procure 1.5M tonnes of rapeseed from farmers in Rajasthan – the country’s biggest producer – in response to prices falling below the minimum support price (MSP), according to a Financial Express report.

The Turkish government has lifted restrictions on agricultural exports, including sunflower oil, red meat, tomatoes and some pulses, the United States Department of Agriculture (USDA) reported.

The Brazilian government has announced that the country’s biodiesel blending mandate would be raised from the current 10% level (B10) to 12% (B12) from April, AgriCensus reported.

The European Union (EU) has imported 4.6M tonnes of rapeseed from non-EU countries in the 2022/23 crop year to date, Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) reported.

Brazil is forecast to produce a record soyabean crop in 2022/23 with better-than-expected yields for early harvested fields, according to a report by the US Department of Agriculture (USDA)’s Foreign Agricultural Service (FAS).

New legislation has been introduced in Hong Kong making the possession, consumption and distribution of cannabidiol (CBD) illegal, Time magazine reported.

Draft federal US rules would allow soya, oat, almond and other plant-based “milks” to keep using the name, ABC News reported.

Global agribusiness giant Cargill has teamed up with Spanish alternative fat company Cubiq Foods to develop novel fat technology.

The Black Sea Grain Initiative (BSGI) allowing food exports from Ukraine’s deep sea ports was extended on Saturday, the day it was due to expire, the United Nations (UN) said on 18 March.

The United States Department of Agriculture (USDA) has lowered its global oilseed production forecast by 7M tonnes to 630M tonnes due to reduced Argentine soyabean, sunflowerseed and Indian cottonseed crops.

Grain traders in Ukraine have called for transparent cargo rules, Reuters reported.