Wheat harvest is compromised by excessive rainfall
According to recent data from Conab's weekly bulletin, wheat production in Brazil's main producing states faces challenges. This is due to significant climate variations. Excessive rainfall affects prominent states such as Rio Grande do Sul and Paraná. This impacts flowering and grain filling. Furthermore, it increases […]
World's largest palm oil exchange eyes soybean oil futures
The Bursa Malaysia Derivatives Exchange (BMD) is known for its liquid crude palm oil futures. A senior exchange official announced plans to launch soybean oil futures in the first quarter of next year. The exchange is working on finalizing contract specifications. This will be completed this year. The contract will be […]
Change in weather leaves southern Brazil on alert for heavy rains
A low pressure system is forming in the region. This favors heavy clouds. The South of Brazil is on alert. The National Institute of Meteorology (Inmet) predicts intense rain. Thunderstorms are expected in all three states over the next 24 hours. “Rain between 30 and 60 mm/h or 50 and 100 mm/day, intense winds (60-100 km/h), and […]
Malaysia considers expanding the use of B10 biodiesel for the industrial sector
Malaysia's Minister of Plantations and Commodities, Fadillah Yusof, announced that he is considering expanding the B10 biodiesel program. This program requires the mandatory use of 10% palm oil. The industrial sector would welcome expansion. Currently, the B10 program is only in effect in the Malaysian transport sector, ensuring that […]
Argentina's soy dollar scheme will likely meet expectations
Argentine producers traded 3.6 million tons of soybeans on the domestic market. After all, this has happened since the introduction of the fourth dollar scheme in the country last month. The Rosario Cereal Exchange (BCR) reported this data to AgriCensus. At the time of the September 26 report, new trade amounted to 2.4 million […]
Italian Eni and LG Chem team up for a possible biorefinery in South Korea
Italian multinational energy company Eni has teamed up with chemical company LG Chem for a possible biorefinery in South Korea. On September 14, the companies reported that they were conducting technical and feasibility assessments. The project in question would be at the Daesan chemical complex, located 80 km southwest of Seoul. With […]
