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Latest Oils & Fats International News

New ‘bee safe’ pesticides may still cause harm

13 hours ago

New pesticides regarded as safe for bees could be causing harm to these vital pollinators when combined with fungicides being applied to crops, reported the Independent newspaper on 11 April.

GrainCorp creates new grains and edible oils business

April 23, 2019

Australia’s GrainCorp will be spinning off its malting business and integrating its grains and edible oils operations into a new business called New GrainCorp.

Bayer loses court case against French farmer

April 22, 2019

Just days after German pharmaceutical group Bayer lost its first Roundup weedkiller cancer test case in the USA, a French appeals court has ruled in favour of a French farmer who claimed to have been poisoned by a different herbicide owned by the company.

Vantage Specialty Chemicals to buy Textron natural oils business

April 19, 2019

US-headquartered Vantage Specialty Chemicals has agreed to buy Textron Plimon SLU, a leading producer and processor of natural oils for the personal care, food and chemical industries.

Trade dispute reduces US soyabean area

April 18, 2019

The US soyabean area this year is expected to drop 2M ha to total 34.3M ha as a result of US farmers planting less of the crop, Germany’s oil and protein plants association, UFOP, reported on 4 April.

Scientists Map Risk of Exposure to Xylella

April 17, 2019

The Xylella fastidiosa bacterium that has wreaked havoc in Italy’s olive groves could also spread to Spain and other countries with a temperate climate, according to a study from Spain’s University of Málaga.

AFGRI Group to expand grain and commodity storage platform

April 16, 2019

South Africa’s AFGRI Group Holdings (AGH) is creating a commodity/grain storage platform to expand the country’s current storage capacity from some 4.7M tonnes to 6M tonnes in the near future.

Palm oil-based biodiesel exports to China and EU surge in first quarter 2019

April 15, 2019

Surging biofuel demand from China and Europe has led to palm methyl ester (PME) exports from Indonesia and Malaysia climbing by more than 30% in the first quarter of this year, the Malaysian Reserve reported on 8 April.

Egypt soyabean imports surge

April 12, 2019

Egypt’s soyabean imports are forecast to rise 14% in 2019/20 compared to 2018/19 as a result of its local crushing capacity increasing, according to a US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report on 4 April.

Certified Origins Italia introduces blockchain technology

April 11, 2019

Italian extra virgin olive oil (EVOO) producer, Certified Origins Italia, is expanding its use of blockchain technology to track and trace its products, reported Enterprise Times on 1 April.

Ferrero to acquire Kellogg’s cookie brands

April 11, 2019

Global confectionery group Ferrero announced on 1 April that it had agreed to buy the cookie, fruit snack, ice cream cone and pie crust businesses of Kellogg Company for US$1.3bn.