MP Evans acquires more than 8,000ha of palm plantations in Indonesia
Palm oil producer MP Evans has acquired 8,350 hectares of plantations in Indonesia for US$60 million. The plantations belonged to PT Agro Bumi Kaltim (ABK) and PT Nusantara Agro Sentosa (NAS). On September 7, MP Evans reported that PT Evans Indonesia is awaiting legal and regulatory formalities in Indonesia. […]
Gunvor partners with Varo Energy to manufacture SAF in Rotterdam
Global energy commodities trader Gunvor Group has formed a partnership with European energy company Varo Energy to produce sustainable aviation fuel (SAF) in Rotterdam, the Netherlands. Located on the Gunvor Energy Rotterdam (GER) site, the facility would have a total production capacity of 350 kilo tonnes/year, comprising approximately 70% […]
FAO Vegetable Oil Price Index drops 3.1% in August
The Vegetable Oil Price Index fell 3.1% in August compared to July. This is stated in the FAO report on international food prices. Changes in international food and vegetable oil prices: FAO index analysis The FAO Food Price Index (FFPI) tracks changes in prices […]
Weather: Heat wave could last until the end of September in some regions of Brazil
The intense heat wave that is hitting Brazil continues to spread across the country, and the next few days will see high temperatures in practically all regions. According to Climatempo, the “very hot” period should last until the first week of spring, and could last until the end of the month in some […]
EU will lift export ban as soon as Ukraine agrees to implement legal measures to monitor the pace of imports
The European Commission (EC) confirmed the end of restrictions on grain exports from Ukraine. The decision follows analysis of agricultural export categories, including corn, rapeseed, sunflower and wheat. In May, five neighboring EU member states imposed the embargo, citing an impact on prices due to Ukrainian exports. The agreement was reached after Ukraine […]
Abiove: Oilseed processing capacity in Brazil grows to more than 69 million tons in 2023
According to a survey by the Brazilian Association of Vegetable Oil Industries (ABIOVE), the total oilseed processing capacity this year reached 69.2 million tons, a volume 5.6% higher than that recorded in 2022 (65.5 million tons ). Still compared to the previous year: Furthermore, the processing capacity in active plants in […]
Ukraine may sue neighboring countries over cereal ban
Kiev is considering suing Poland, Hungary and Slovakia over bans on Ukrainian agricultural products, media outlet Politico reported. Furthermore, on Monday, the magazine cited Taras Kachka, a Ukrainian trade representative. He mentioned that Kiev would consider reciprocal measures towards Poland, however Warsaw would not reverse its additional measures. “We would be forced to […]
The impact of lecithin emulsifiers on nutrition
Maximizing lipid absorption and reducing costs in broiler diets Emulsions in the food industry play a crucial role, allowing the creation of a wide variety of products. Furthermore, they are defined as stable mixtures of immiscible substances, such as oil and water, where one substance is dispersed in the other […]
Brazil is expected to start the week with corn negotiations halted
The Brazilian corn market is expected to start the week with closed business. Producers evaluate export parity and exchange rate variation, considering supply fixation. Consumers, in turn, continue trying to access lower prices, signaling a comfortable position in supply. On the international stage, the Chicago Commodity Exchange operates […]
