Archived News

11/05/2024 (Biodiesel Magazine) - The USDA currently predicts soybean oil use in biofuel production will increase by 1 billion pounds to 14 billion pounds for 2024-25, according to the agency’s latest World Agricultural Supply and Demand Estimates Report, released May 10.

10/05/2024 (Olive Oil Times) - Olive farmers and millers in Spain, the world’s largest olive oil-producing country, once again overcame extreme temperatures and dry weather to produce world-class extra virgin olive oil.

09/05/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its decline on Thursday, weighed down by weaker edible soft oils and cautious trading ahead of April’s palm oil data on Friday.

09/05/2024 (MercoPress) - The benchmark for world food commodity prices edged higher in April, as higher prices of meat and modest upticks for vegetable oils and cereals outweighed decreases in sugar and dairy product prices, the Food and Agriculture Organization of the United Nations (FAO) reported.

09/05/2024 (The Olive Press) - FOR the past 12 months, the sight of soaring olive oil prices on supermarket shelves has become a disheartening reality for shoppers in Spain.

08/05/2024 (WMUR), Manchester, N.H. - Olive oil is a popular choice in kitchens because of its supposed health benefits, so Consumer Reports put those claims to the test.

09/05/2024 (The Star), Jakarta - Representatives from the Association of Southeast Asian Nations (Asean) and the European Union (EU) are preparing for the 4th Joint Working Group (JWG) on Palm Oil, underscoring their commitment to collaboration in this critical sector.

09/05/2024 (Reuters), Singapore - Malaysian palm oil futures fell to close at a one-week low on Thursday amid lower prices of rival edible softs and cautious trading ahead of the release of April's palm oil data from key producer Malaysia on Friday.

09/05/2024 (BBC) - Malaysia has said it plans to start giving orangutans as gifts to major trading partners who buy its palm oil.

08/05/2024 (Reuters), Singapore - Malaysian palm oil futures ended a two-day winning streak to close lower on Wednesday amidweaker prices of rival soyoil and lingeringworries around palm exports.

08/05/2024 (Reuters), Mumbai - Malaysian palm oil is expected to trade between 3,700- 4,300 Malaysian ringgit ($780-$906.4) per metric ton from now until June, as tight supplies are seen offsetting weak demand, leading industry analyst Dorab Mistry said on Wednesday.

08/05/2024 (RFD TV) - From food to fuel, soybeans are finding uses in all different areas, including additives for concrete in roads. While that is another market for soy farmers, the United Soybean Board says it comes full circle by helping the roads used to transport the product.