Soybean and corn harvest has no salvation in the USA
The 2023 North American corn and soybean harvest faces one of the worst scenarios in the last 4 years. The effects of heat and water stress were such that only 53% of corn crops are classified as good or excellent. Soybeans have a very similar scenario, with 52% of crops classified as good or […]
Indonesia to launch crude palm oil futures exchange on October 13
Indonesia, the biggest palm oil exporter, will launch the crude palm oil (CPO) futures exchange on Friday. However, the main regulatory body informed Reuters that trading through the exchange will not be mandatory. Southeast Asian authorities planned to make it mandatory for all CPO exports to pass […]
Global vegetable oil production forecast to reach record levels in 2023/24
The latest estimates from the United States Department of Agriculture (USDA) indicate that global vegetable oil production is forecast to reach record levels in the 2023/24 marketing year, marking the third consecutive year of production growth. According to USDA estimates, global vegetable oil production will reach 222.8 million […]
CSPO production exceeded 15 million tons last year
Recent data, released by the Roundtable on Sustainable Palm Oil (RSPO), reveals that certified sustainable palm oil (CSPO) production reached more than 15 million tonnes last year. This represents, however, approximately 20% of global crude palm oil (CPO) production. This achievement occurred five years before […]
Understanding the role of emulsifiers in the stability of mixtures
Our expert Vinícius Santana, broker at Aboissa's Palm & Lauric Oils unit, explained the role of emulsifiers in the stability of mixtures in the new edition of Óleos & Gorduras magazine. The emulsifier is a fundamental substance in the food industry and in several other fields, as it plays a crucial role in creating emulsions […]
“Brazil can be a leader in the production of second generation biofuel”, says CEO of Grupo BBF
“Brazil has immense potential to become a leader in the production of second generation biofuel.” This is what Milton Steagall, CEO of Grupo BBF (Brasil BioFuels), the largest palm oil producer in Latin America, said this morning at the Agribusiness Seminar, organized by LIDE and the newspaper O Estado de São Paulo, […]
How is soybean planting in the main producing regions?
Preparations for soybean planting in Brazil's main producing regions are at the mercy of the weather, according to the latest bulletin from the National Supply Company (Conab). While in some states the conditions have cooperated, in others, climate variations have been a barrier for the farmer. In Mato Grosso, the rains have favored […]
Louis Dreyfus joint venture in China completes first phase
Louis Dreyfus Company (LDC), Donlink Holding Group (Donlink) and Guangdong HAID Group (HAID) have established a joint venture in China. They have completed the first phase of construction of a new food industrial park in Guangzhou. The industrial park in Nansha is 180,000 square meters in area. Fuling Food Technology will operate it. […]
War in the Middle East could increase the price of diesel, says Petrobras
The president of Petrobras is Jean Paul Prates. He stated today, Monday (9), in Rio de Janeiro, that the war in the Middle East will cause an increase in the volatility of oil prices, as reported by “Agência Brasil”. He emphasized that the decision on a possible adjustment in fuel prices in Brazil is conditional on the increase […]
