Olive oil theft increases in Greece as prices rise due to poor harvest
Greece has been hit by a series of olive oil thefts as prices of the commodity have soared due to a poor harvest in the country, as reported by The Guardian. In one attack, thieves stole 37 tons of olive oil, worth more than €300,000 (US$ 315,916), from the cooperative […]
November: Rains below average in areas of the Center-North of the country and excess in the South
The month of November will still be marked by irregular rainfall in part of the country, according to the most recent data released by the National Institute of Meteorology (Inmet). Under the influence of El Niño, Inmet predicts the continuation of rain in the South of Brazil and drier weather in areas of the North and Northeast […]
ADM: Share price falls on lower-than-expected profit in agriculture and oilseeds
The share price of global agribusiness giant Archer Daniels Midland (ADM) fell 3.5% to US$69.85 following the announcement of its third-quarter profit, Reuters reported. Weaker than expected operating profit in the company's Ag Services and Oilseeds division and Nutrition division more than offset […]
China's biomass-based diesel exports rise in 2023
Chinese exports of biomass-based diesel (BBD) are increasing, according to a United States Department of Agriculture (USDA) report released by Biodiesel magazine. Exports of biodiesel based on used cooking oil (UCO) and renewable diesel derived from hydrogenation (HDRD) increased significantly in the first half of this […]
#AboissaEverywhere: Aboissa at the 8th edition of the CNMA
Our experts were present at the National Congress of Women in Agribusiness on the 23rd and 24th of October, held at the Transamerica Expo Center, in São Paulo. The CNMA is an important event in Brazil that brings together women who work in different areas of the agribusiness sector. The congress aims to promote the discussion of […]
Government and FPBIO discuss strengthening biodiesel
In a meeting held this Thursday (26) with the Minister of Mines and Energy, Alexandre Silveira, the Minister of Agriculture and Livestock, Carlos Fávaro, defended the strengthening of the biofuel chain. Fávaro reaffirmed his favorable position for increasing the mixture of biodiesel with diesel oil. Currently, the grade is 12% (B12) and the schedule […]
Rising oil could impact soybean and corn prices
The agricultural commodities market and energy sector are in the spotlight with the latest news on oil, Brazilian crop planting and corn conditions in Argentina. These factors are interconnected and can influence the prices of products derived from soy and corn. Some factors can impact the market, such as […]
UK Food Regulators Reduce Recommended CBD Dose Due to Possible Health Risks
UK food regulators have reduced the recommended safe daily dose of cannabidiol (CBD) due to possible health risks, The Guardian reported. In a reversal of previous official guidance, the Food Standards Agency (FSA) and its Scottish counterpart have updated their recommendations on cannabis extract, according to the […]
Brazilian soy production should reach record level in 2023/24
Soybean production in Brazil is forecast to reach a record level of 162 million tons in the 2023/24 marketing year, with planting continuing apace, according to a report from the US Department of Agriculture (USDA). The volume would represent an increase of 4.5% compared to the year’s production […]