Worldwide production of vegetable oils is set to reach a record high in the 2022/23 crop year, according to a report by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).

The consumption of edible oils in India is forecast to reach 26M-27M tonnes by 2025/26, according to estimates by the country’s Solvent Extractors Association (SEA) reported by AgriCensus.

Construction has started on a new renewable diesel facility in Nebraska, USA, for Heartwell Renewables – a joint venture between global agribusiness giant Cargill and the US family-owned Love’s chain of companies producing and marketing renewable diesel, Biofuels Digest reported.

Sunflowerseed production in the USA and Argentina is expected to increase while yields in the EU-27 have been limited due to poor growing conditions, according to forecasts by the International Grains Council (IGC) reported by Biofuels International.

The global outlook for palm oil remains uncertain due to strict Covid policies in major importer China, according to leading industry analysts attending the 18^th Indonesian Palm Oil Conference (IPOC) from 2-4 November.

The high oleic sunflowerseed planted area in Ukraine is expected to halve in the 2022/23 marketing year compared to the previous season due to the ongoing conflict in the country, UkrAgroConsult reported.

Singapore-based oil refining company Shell Eastern Petroleum, a wholly-owned subsidiary of global oil giant Shell, has acquired Malaysian bleaching earth recycler EcoOils.

Organic and plant-based food and drinks company SunOpta has sold its sunflower and roasted snacks division to US private investment firm Pacific Avenue Capital Partners for US$16M.

A ban on genetically modified (GM) corn in Mexico is set to proceed with the country on track to halve its US imports of yellow corn, the country’s deputy agriculture minister was quoted as saying in a Reuters report.

Swiss speciality chemicals company Clariant has completed its acquisition of German chemical giant BASF’s US attapulgite business.

Biofuel producer Brasil Biofuels (BBF) plans to build a new biofuels facility in Manaus, Brazil, using technology developed by Danish renewable fuel technology company Topsoe.

The Japanese government has opened a public comment period for proposed revisions to genetically-engineered (GE) labelling for nutritionally enhanced rapeseed varieties, the United States Department of Agriculture (USDA) reported.

Low water levels on the Mississippi river in the USA due to recent droughts have led to a surge in barge rates, World Grain reported.