Oils & Fats International News
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Malaysian palm oil stocks hit five-month low in January as production slows
Palm oil stocks in Malaysia dropped to a five-month low in January due to reduced exports and production, according to a Reuters survey.
15 February 2023 -
Bunge announces higher fourth quarter profits
Global agribusiness giant Bunge has announced higher year-on-year fourth quarter profits, AgriCensus reported.
15 February 2023 -
Diamond Green Diesel approves SAF project at Port Arthur, Texas
US renewable diesel producer Diamond Green Diesel (DGD) – a 50/50 joint venture between Darling Ingredients and Valero Energy Corporation – has been given the go-ahead for a sustainable aviation fuel (SAF) project at its Port Arthur plant in Texas, Darling Ingredients announced.
14 February 2023 -
Punjab will not allow commercial cultivation of GM mustard
The agricultural department of India’s Punjab state has announced that it would not allow the commercial cultivation of genetically modified (GM) rapeseed mustard, the Hindustan Times reported.
14 February 2023 -
Bayer shipments of sunflowerseed to Russia delayed
German chemical giant Bayer has said it would continue to supply agricultural products to Russia and was hoping for a swift resolution to what it called a technical delay in the country’s sunflowerseed imports, Reuters reported.
14 February 2023 -
Cargill closes Ports of Indiana grain elevator
Global agribusiness giant Cargill has closed its Ports of Indiana grain export elevator, World Grain reported.
13 February 2023 -
Spanish food company launches vegan cheese products made with olive oil
Spanish food producer Väcka has launched two vegan cheese products made with olive oil, Olive Oil Times wrote.
13 February 2023 -
US Customs says Sime Darby no longer using forced labour
Malaysia-based palm oil company Sime Darby Plantation is no longer using forced labour, paving the way for the USA to restart imports from the company, Bloomberg reported US Customs as saying.
13 February 2023 -
Argentina soyabean output projected to drop
Soyabean production in Argentina is forecast to drop to its lowest level in 15 years in the 2022/23 marketing year due to a prolonged drought, according to a report by the US Department of Agriculture (USDA), World Grain wrote.
10 February 2023 -
Argus launches daily biofuel blended ship bunker assessment
Global energy and commodity price reporting agency Argus has launched a daily biofuel blended ship bunker assessment.
10 February 2023 -
Brazil’s CTC expects increased adoption of GM sugarcane following Chinese approval of imports for two varieties
Brazilian sugarcane research centre Centro de Tecnologia Canavieira (CTC) expects the country’s adoption of genetically modified (GM) sugarcane to increase following China’s approval of two varieties for import, CTC told Reuters.
09 February 2023 -
WHO calls for total elimination of trans fat
The World Health Organisation (WHO) has called for the total elimination of industrial trans fatty acids (TFAs), saying it is responsible for half a million premature deaths each year, VOA News reports.
09 February 2023 -
Four new endorsers of Sustainable Palm Oil Dialogue manifesto
The Roundtable on Sustainable Palm Oil (RSPO) and sustainable solutions provider IDH have announced four new endorsers of the Sustainable Palm Oil Dialogue (SPOD) manifesto.
08 February 2023