Oils & Fats International News
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US biofuel group welcomes passage of bill allowing year-round sales of E15 blend
A US biofuel group has welcomed the passage of a bill by the House of Representatives allowing E15 – petrol blended with 15% ethanol – to be sold throughout the year, AgriCensus reported.
01 July 2022 -
Plant-based food sales drop as prices rise
Sales of plant-based food have dropped due to rising prices, CBC News wrote.
30 June 2022 -
Ukraine’s agriculture ministry says Russia has exported at least 400,000 tonnes of grain from the country since invasion
Russia has exported at least 400,000 tonnes of grain from occupied Ukrainian territories, Ukrinform reported a Ukrainian agriculture minister as saying.
30 June 2022 -
BASF Canada short on supply of Liberty herbicide due to lack of raw materials
BASF Canada is short on supplies of Liberty, a key herbicide used on canola and other crops, due to a lack of sufficient raw materials to make the weedkiller at its Regina plant in Saskatchewan, according to a tweet by Western Producer.
29 June 2022 -
Unilever partners with Genomatica to develop alternatives to palm oil and fossil fuel-derived cleansing ingredients
Global consumer goods giant Unilever and US biotech company Genomatica (Geno) have launched a venture to develop alternatives to palm oil and fossil fuel-derived cleansing ingredients, Unilever announced.
29 June 2022 -
Olam Group considers selling up to an additional 10% of Olam Agri Holdings
Global food and agribusiness company Olam Group is considering selling up to an additional 10% of its stake in Olam Agri Holdings, according to a circular filed before an extraordinary general meeting.
28 June 2022 -
US soyabean oil prices rise due to tight supply and surging energy costs
Soyabean oil prices in the USA increased by more than a third in early June while petroleum prices rose by 45% during the same period, according to a report by the United States Department of Agriculture (USDA).
28 June 2022 -
Cargill set to close UK rapeseed crushing plant
Global agribusiness giant Cargill has announced it will close its rapeseed crushing plant in Hull, UK, by the end of the year due to “current market conditions”, World Grain reported.
27 June 2022 -
Edible Oils completes US$29.4M renovation of Erith site in UK
Leading UK supplier of packaged oils Edible Oils Limited (EOL) has announced the completion of the £24M (US$29.4M) renovation of its Erith site in London.
27 June 2022 -
FAO report forecasts global food import bill to hit US$1.8tn this year
The global food import bill is expected to increase by US$51bn to US$1.8tn this year, according to the latest Food Outlook report by the Food and Agriculture Organization of the United Nations (FAO).
27 June 2022 -
Turkey changes agricultural tender rules in bid to lower import prices
The Turkish government has changed the country’s agricultural tender rules in a bid to control surging import prices, trade sources told AgriCensus.
24 June 2022 -
Russian forces strike Ukraine’s Mykolaiv port and infrastructure for second time
The Ukrainian port of Mykolaiv has been hit by a second missile attack, with at least two grain and vegetable oil terminals hit by missiles, according to local sources quoted by AgriCensus.
24 June 2022 -
CHS set to add new grain storage facility in Minnesota
US agribusiness co-operative CHS has announced it will be building a new grain storage facility in Minnesota, USA.
23 June 2022