Reduced global palm oil supply and strong biodiesel demand boost prices
Stagnating global palm oil production and higher biodiesel mandates are likely to reduce supplies of the world's most widely used vegetable oil this year, setting the stage for further gains in prices, which are trading at the highest level in seven months. . Analysts predict a small increase or decrease […]
El Niño loses strength, but will keep temperatures high, says UN meteorological agency
The El Niño weather pattern has started to lose strength, but will continue to fuel above-average temperatures around the world, the World Meteorological Organization (WMO) said on Tuesday. El Niño is a climate phenomenon caused by changes in wind patterns, resulting in warmer temperatures in the central and eastern Pacific Ocean. Taking place […]
China raises budget for grain and edible oil stocks to improve food security
China on Tuesday drastically expanded its budget to stockpile grains and edible oils this year and stepped up support and policies to boost agricultural production, doubling down on improving food security. The world's largest buyer of grains and oilseeds wants to reduce its heavy dependence on imports, which reach […]
7th Agri Week Harvests
São Paulo, March 4, 2024 – The countdown has begun for one of the most anticipated events in agribusiness: the 7th Safras Agri Week! This year, we invite all industry professionals to join us on this fascinating journey, where we will dive into discussions on “Innovation and Strategy for a Connected Future in Agribusiness”. […]
Brazil and Argentina maintain presence in the global soybean market
Soybean producers in South America, Brazil and Argentina, are expected to maintain their share of the global market this agricultural year, according to data from the United States Department of Agriculture (USDA) reported by the Union for the Promotion of Oilseed and Protein Plants (UFOP) from Germany. While Brazil's harvest will likely be slightly below […]
India expected to intensify soybean oil imports in 2024
India, the world's biggest vegetable oil importer, is expected to buy higher volumes of soybean oil in 2024, while palm oil purchases are likely to decline, a top trader said on Monday. Sandeep Bajoria, chief executive of Sunvin Group, a vegetable oil consultancy and brokerage firm, mentioned that oil imports […]
#AboissaEverywhere: The RMN Technology Revolution
In contemporary agribusiness, the need to adopt technologies that increase quality and productive efficiency is essential. Melinda Rodrigues, our peanut specialist, together with João Resende, from the FIT team, began a series of visits to customers with the aim of demonstrating the practical advantages of analysis using NMR equipment, […]
BioPower transformed 4.5 million liters of cooking oil into biodiesel in 2023
Biopower, a company belonging to JBS, transformed 4.5 million liters of cooking oil into biodiesel last year, an increase of 15% compared to 2022. Biopower collected 26 million liters in 8 years, avoiding incorrect disposal and preserving 650 billion of liters of water. “We believe that it is increasingly necessary to leave […]
São Paulo faces reduction in wheat planted area in 2024
Due to the reduction in the volume produced in the year and producers reserving a larger space for the cultivation of other grains, the territory of São Paulo will have a reduction in the area planted with wheat in 2024, according to information presented during a meeting of the Wheat Sector Chamber of São Paulo on the 29th of […]
