Oils & Fats International News
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FEDIOL launches website focused on health and nutritional benefits of vegetable oils and fats
The European Union (EU) seed crushers and oil processors’ federation (FEDIOL) has launched a new website outlining the health and nutritional benefits of vegetable oils and fats.
22 December 2022 -
USDA reduces Indonesian palm oil production forecast to 44.7M tonnes for 2022/23
The United States Department of Agriculture (USDA) has reduced its 2022/23 forecast for Indonesian palm oil production to 44.7M tonnes due to larger than expected production losses following the country’s palm oil export ban.
22 December 2022 -
EU forecasts rising consumption of olive oil compared to other vegetable oils and butter
European Union (EU) officials expect olive oil consumption to rise in the region due to increased awareness of its health benefits and reduced consumption of other edible oils, Olive Oil Times wrote.
21 December 2022 -
Ukraine grain union asks government for priority power supply for silos to prevent harvest damage
The Ukrainian grain traders’ union (UGA) has asked the government to give priority supplies of electricity to grain silos to prevent damage to harvests, Reuters wrote.
21 December 2022 -
EU draft policy on genetic editing scheduled for second quarter 2023
The European Commission (EC)’s draft policy on genetic editing in the European Union (EU) has been scheduled for the second quarter of next year, the United States Department of Agriculture (USDA) wrote.
21 December 2022 -
German biofuel usage saves 11.1M tonnes of CO² in 2021
The use of biofuels in Germany saved 11.1M tonnes of CO² in 2021, the country’s Union for the Promotion of Oil and Protein Plants (UFOP) wrote.
20 December 2022 -
Extreme dryness reduced yield potential of EU sunflowerseed harvest
The yield potential of the European Union (EU)’s 2022 sunflowerseed harvest was reduced compared to the previous year due to extreme dryness, according to EU Commission data reported by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).
20 December 2022 -
USDA lowers 2022/23 global oilseed production forecast by 1M tonnes
The United States Department of Agriculture (USDA) has lowered its 2022/23 global oilseed production forecast by 1M tonnes due to reduced cottonseed, palm kernel, rapeseed and sunflowerseed crops.
20 December 2022 -
More than 6,200 farmers now certified under BASF sustainable castor programme
German chemical and biotech giant BASF has announced that more than 6,200 farmers have been certified to date under the sustainable castor programme that it runs in partnership with other companies.
19 December 2022 -
EPA finalises rule on canola oil fuel pathways
The US Environmental Protection Agency (EPA) has published its finalised rule on canola oil fuel pathways, Biodiesel magazine wrote.
19 December 2022 -
Price of shipping fuel drops despite ongoing Russia-Ukraine conflict
Shipping fuel prices are falling despite the ongoing Russia-Ukraine conflict, FreightWaves writes.
19 December 2022 -
IEA report forecasts feedstock shortages for biofuel industry ahead
Biodiesel, renewable diesel and sustainable aviation fuel (SAF) producers face feedstock supply shortages from 2022-2027 if current trends continue, according to a report by the International Energy Agency (IEA).
16 December 2022 -
EPA sets new biofuel volume targets for 2023, 2024 and 2025
The US Environmental Protection Agency (EPA) has announced renewable fuel obligations (RVOs) for 2023, 2024 and 2025 under the country’s Renewable Fuel Standard (RFS), Biodiesel magazine reported.
16 December 2022