Chinese crushing companies face profitability challenges due to intense competition
Increasing competition among Chinese crushing companies is impacting the sector's profitability and leaving approximately half of potential production capacity idle due to reduced margins, according to representatives from two major Chinese crushing companies at a forum in Dalian, as reported by AgriCensus. “The crushing sector […]
Investment in oil and gas could fall by half by 2030 to meet climate goals, says IEA
The International Energy Agency (IEA) said in a report on Thursday that the goal of limiting global warming to 1.5 degrees Celsius could result in halving the current $800 billion invested annually in the global oil and gas sector. gas by 2030. The report added that no new […]
China will encourage adoption of biodiesel
The People's Republic of China is outlining an ambitious series of initiatives aimed at vigorously boosting its domestic biodiesel market. As reported by the Reuters news agency, the Chinese government's National Energy Administration is planning to launch a sequence of pilot projects strategically focused on the expansion of biofuel. On a […]
US SAF industry is behind 2030 target, analysts say
North American production of Sustainable Aviation Fuel (SAF) is below the target set by US President Joe Biden of 11.35 billion liters per year by 2030, as pointed out by analysts cited in a Reuters report. The goal set by Biden in 2021 represents a significant increase compared to the current 59.8 […]
Report finds Russia used profits from Ukrainian grain theft to finance war effort
The international human rights organization Global Rights Compliance (GRC) released a report saying it found evidence of advance planning by Russia to siphon more than US$1 billion a year worth of Ukrainian grain to finance its war efforts. Titled 'Agriculture Weaponised – the Illegal Seizure and Extraction of Ukrainian Grain […]
Ukraine may be unable to meet future wheat demand if Russian attacks continue, UN agency warns
The United Nations World Food Program (WFP/UN), after all, warned this Tuesday (21) that wheat production in Ukraine may be unable to meet domestic and export demand in the following years if the routes Black Sea export ports remain blocked and Russian attacks on port infrastructure continue. […]
How is El Niño impacting producing regions?
Despite challenging weather conditions in several regions of Brazil, the grain harvest continues its course in the country's main producing areas. According to information from the Mato Grosso Institute of Agricultural Economics (Imea), soybean planting in Mato Grosso, although delayed by 10% compared to the previous harvest, has already exceeded […]
Bayer ordered to pay US$ 1.56 billion in Roundup herbicide trial
A court in Missouri has ruled that German chemical giant Bayer must pay US$1.56 billion to four plaintiffs who claimed that the glyphosate-based herbicide Roundup caused harm including cancer, as reported by Reuters. In its November 17th verdict – the latest in a series of cases against […]
Indonesia to convert 200,000 ha of palm plantations into forests
Indonesia has announced plans to return approximately 200,000 hectares of oil palm plantations found in areas designated as forests to the state in order to convert them back to forest, a government official told Reuters. The world's largest producer and exporter of palm oil established rules in 2020 to assess the legality of plantations […]
