Oils & Fats International News
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Casterra to supply castor seed varieties for biofuel production
Castor cultivation firm Casterra Ag, a subsidiary of Evogene, has signed an agreement to supply castor seed varieties to one of the world’s leading energy companies for use in biofuel production.
03 February 2023 -
Kernel acquires edible oils trans-shipment terminal
Ukrainian agribusiness Kernel Holding has completed its purchase of OilExportTerminal, an edible oils trans-shipment terminal in the port of Pivdennyi in the Odessa region of the Black Sea, World Grain reported the company as saying.
03 February 2023 -
Indonesian palm oil smallholders welcome EU deforestation law but need help to comply
Indonesia’s palm oil smallholders’ union has welcomed the European Union (EU)’s new deforestation law but says farmers would need help to comply, Eco Business reported.
02 February 2023 -
German plans to end crop-based biofuels would hit farmers and cut rapeseed output
Proposals by the German government to end crop-based biofuel production would severely hit farmers and reduce rapeseed output, Thomas Mielke, CEO of Hamburg-based oilseeds analysts Oil World was quoted as saying in a Reuters report.
02 February 2023 -
Weather could impact EU crops in months ahead
A period of unusually warm weather in Europe could impact crops in the months ahead, according to a monthly update by the European Union (EU)’s crop monitoring service, reported by AgriCensus.
01 February 2023 -
Henkel signs agreement with Shell on renewable ingredients for leading laundry brands
Chemical and consumer goods company Henkel has signed a five-year agreement with Shell Chemical to replace up to 200,000 tonnes of fossil feedstocks used in the manufacture of its most popular laundry products with renewable alternatives.
01 February 2023 -
CHS to build grain shuttle facility in South Dakota
US agribusiness co-operative CHS has announced plans to build a new grain shuttle facility in South Dakota, USA.
01 February 2023 -
EU court puts end to emergency use of bee-toxic pesticides
The European Court of Justice (ECJ) has put an end to the emergency use of neonicotinoid pesticides, which are widely linked to the decline of bees, Euractiv reported.
01 February 2023 -
Only 8% of global crop land used for biofuels
From a total of 1.4bn ha of land used to grow crops globally in 2021, only around 8% of the area was used to supply feedstock for biofuels production, Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) reported.
31 January 2023 -
IGC forecasts marginally lower global rapeseed area for the 2023/24 harvest
In its first estimate of the global rapeseed planted area for the 2023/24 marketing season the International Grains Council (IGC) forecasts an area of 40.2M ha, Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) reported.
31 January 2023 -
Reduction in port congestion could see freight and charter costs fall
Freight and charter costs could fall if port congestion eases, World Grain reported a trade source as saying.
31 January 2023 -
China’s annual soyabean imports from Brazil decline for second consecutive year
Chinese soyabean imports from Brazil dropped for the second consecutive year, according to data from China’s General Administration of Customs, reported by AgriCensus.
30 January 2023 -
India discontinues tariff rate quota on soyabean oil and extends lower duty for refined palm oil imports
The Indian government has discontinued its tariff rate quota on soyabean oil and extended its lower duty policy for refined palm oil imports, the United States Department of Agriculture (USDA) reported.
30 January 2023