US imports record amount of Chinese cooking oil
U.S. imports of used cooking oil (UCO) from China are set to hit a record high in the coming months, even as regulatory uncertainty casts doubt on the long-term outlook for a trade that boomed last year, according to market participants. U.S. demand for UCO, a raw material for […]
India plans to increase taxes on vegetable oils
India is considering raising import duties on vegetable oils to help protect farmers suffering from lower oilseed prices, two government sources said on Wednesday. The move could dampen demand and reduce purchases of palm oil, soybean oil and other grains.
SP maintains crisis cabinet and monitors fires in the state
The Government of São Paulo continues with the work of the crisis office and the outpost in Ribeirão Preto to monitor and respond promptly to the fires that are affecting the interior of the state. This Monday (26) there are no active fire outbreaks, but 48 municipalities are on high alert for fires, according to […]
Understand how the Fuel of the Future Bill will transform the biofuels market
The approval of the Fuel of the Future Bill signals an important step in Brazil’s energy journey towards a greener future that is less dependent on fossil fuels. This legislative proposal, which is currently under discussion in the Senate, focuses on encouraging the production and consumption of renewable energy, highlighting […]
Argentines consider more soybeans due to corn pest and rains
Farmers in Argentina plan to increase soybean acreage in the 2024/25 season while reducing the area devoted to corn. The last corn crop was severely hit by a devastating insect pest, and rainfall forecasts look more favorable for soybeans, prompting the decision. Analysts predict that […]
Seasonal impact reduces global wheat prices
According to TF Agroeconômica’s analysis, wheat prices continue to fall mainly due to the influence of production in the Black Sea, where the countries in this region, major wheat producers and exporters, have just harvested their crops and need to ship a large part of them in just three months. From July to November, weather conditions […]
EU corn crop set to fall in 2024 as Romania drought hits
The European Union is heading for a smaller corn harvest this year after drought and heatwaves devastated crops in Romania while western countries saw favorable rainfall, analysts said. Lower production could make the EU, a net corn importer, more dependent on supplies […]
Stock exchange updates Argentina's agricultural production
According to the Buenos Aires Cereal Exchange (BCBA), the 2024/25 sunflower campaign, despite its challenges, started late, reflecting a lag of 9.5 percentage points in relation to the historical average. Of the 1.85 million hectares planned, only 3.2% were sown, with progress observed, in fact, in the NEA, Central-North of Santa Fe and […]
Indonesia to implement B40 on Jan. 1: official
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said on Thursday, pushing vegetable oil prices to a more than two-week high. Indonesia […]
