The Indonesian government has removed the export tax for all palm oil products for a limited period between 15 July-31 August in a bid to boost exports amid an excess of domestic supply, AgriCensus reported on 18 July.

The Chinese government has reduced its forecast for edible oil production for the current marketing year due to a reduction in oilseed imports, AgriCensus quoted from the monthly update to China’s Agriculture Supply and Demand Estimates (Casde).

The Canadian government has announced that it will be introducing new legislation from 2026 requiring companies to add special labels on food products high in sugar, sodium and fat, the Globe and Mail reported.

The price of a large tub of Lurpak butter – a blend of milk fat and rapeseed oil – has been selling for more than £9 (US$10.7) in some UK supermarkets, the Huffington Post reported.

Speciality chemical company Evonik started construction work on a new biosurfactant rhamnolipid plant at its biotech hub in Slovakia on 29 June.

A team of Spanish researchers has identified a key genetic trait of the olive tree and developed a way to manipulate it to influence aroma, Olive Oil Times wrote.

The European Commission’s (EC) push for deforestation-free products in the agricultural supply chain has raised concerns from European Union (EU) trade associations representing the grain, oilseeds, crushing and animal feed sectors following the EC’s adoption on 28 June of the General Approach of the Environmental Council on the proposal.

Global agricultural, energy and industrial products company Ceres Global Ag Corp (Ceres) has announced the postponement of its planned canola crushing project at Northgate, Saskatchewan.

Palm oil stocks in Malaysia reached their highest level in seven months in June as exports dropped following Indonesia’s return to the export market, Reuters reported on 5 July.

China’s largest oil refiner China Petroleum & Chemical Corporation (Sinopec) produced its first batch of sustainable aviation fuel (SAF) from used cooking oil (UCO) at its facility in the east of the country, Reuters reported.

Rapeseed prices have dropped from their record levels as they come under pressure due to prospects of a larger crop in Europe and a decline in demand, a report by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) said.

The Food and Agriculture Organization of the United Nations (FAO) has announced the launch of a new US$17M project to help Ukrainian farmers save the upcoming harvest while ensuring exports of critical agricultural goods to international markets.

The Brazilian state of Mato Grosso is facing storage issues in the face of projected increases in soyabean and corn output, AgriCensus reported market sources as saying.