Palm oil closes this Wednesday's session with a slight drop

The December palm oil contract on the Malaysian Derivatives Exchange (MDEX) ended this Wednesday's session (29) slightly down 2.50 points and 0.31%, at US$ 801.75/tonne – weekly decline of 0.71%, but gain of 4.84% in the month; that of January depreciated 3.25 points and 0.39%, to US$ 820.75/tonne. […]

Brazil and Saudi Arabia could close partnerships in the fertilizer sector, suggests Lula

During a round table, held in Riyadh, Saudi Arabia, with Arab and Brazilian authorities and businesspeople, President Lula suggested that the two countries could close partnerships in the fertilizer sector. “For example, we could make cross-investments between our Petrobras and companies in Saudi Arabia to produce fertilizers and provide a guarantee […]

FDA proposes ban on the use of BVO in foods in the US

The US Food and Drug Administration (FDA) has proposed implementing a national ban on the use of brominated vegetable oil (BVO) as a food additive, as reported by CNN. The FDA proposal, following existing bans in Europe and Japan, was a response to the ban introduced in California – the first […]

Political turmoil in Argentina: Impacts on agribusiness and prospects for exports

On the third Sunday (19/11), the second round of elections took place in Argentina, where the clash took place between Sergio Massa, current minister of economy, and Javier Milei, candidate from the extreme right. Milei secured victory in the second round with a difference of more than 10 points in relation to his opponent, reversing the results of the first […]

Climate continues to impact soybeans

According to the most recent Conab Weekly Bulletin, the Brazilian agricultural scenario is going through a critical period, characterized by challenging weather conditions in several regions. The irregularity of rainfall, associated with high temperatures in the early stages of the cycle, has significantly impacted the development of soybean crops. In Mato Grosso, planting is complete. […]

Devaluation of bran and increase in soybean oil

Last week, the soybean market in Mato Grosso showed movements, with emphasis on the devaluation of bran and the rise in oil prices. The variations are directly related to global events and preparations for the next harvest in the state. According to the bulletin from the Mato Grosso Institute of Agricultural Economics (IMEA), the price […]

SATORP completes the 1st UCO to SAF conversion in the MENA region

Saudi Aramco Total Refining and Petrochemical Company (SATORP) has successfully completed the first conversion of used cooking oil (UCO) to sustainable aviation fuel (SAF) in the Middle East and North Africa (MENA) region, as reported by Biofuels International. SATORP, a joint venture between global state oil company Saudi Arabian […]

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