Agriculture

According to the U.S. Energy Information Administration (EIA), the United States saw a significant increase in biofuel output capacity last year, primarily driven by a surge in renewable diesel production. Five new renewable diesel plants opened in 2023, raising the country’s output by 44% to 282,000 barrels per day (bpd). The new facilities included two […]

Argentina’s wheat crop is facing challenges due to ongoing dry weather, particularly in the western farming regions, as reported by the Buenos Aires grains exchange. The exchange noted that recent cold and dry conditions have already impacted the crop, which spans approximately 6.3 million hectares (15.6 million acres) for the 2024/25 season, with planting now […]

Bayer has achieved a significant legal victory in its ongoing battle to limit liability from claims that its Roundup weed killer causes cancer. A U.S. appeals court ruled on Thursday that federal law protects the German company from a lawsuit by Pennsylvania landscaper David Schaffner, who claimed Bayer’s Monsanto unit failed to include a cancer […]

French farmers are nearing the completion of this year’s soft wheat harvest, which is projected to be the smallest since the 1980s. As of August 12, approximately 98% of the soft wheat crop area had been harvested, an increase from 88% the previous week, according to weekly data from FranceAgriMer. The adverse weather, particularly months […]

Brazil’s Raizen, the largest sugarcane processor globally, has formed a partnership with Dutch biorefinery Vertoro to explore new applications for lignin, a byproduct of second-generation ethanol (E2G) production. The collaboration aims to develop advanced biofuels, chemicals, and materials from lignin, enhancing the value derived from waste materials at Vertoro’s facility in the Netherlands. The partnership’s […]

U.S. farmers are expected to achieve a record soybean crop in the 2024/25 season, driven by lower production costs compared to corn, adverse weather conditions, and a quick winter wheat harvest. The U.S. Department of Agriculture (USDA) has raised its soybean production forecast to a record 4.589 billion bushels, up from 4.469 billion previously estimated. […]

The International Grains Council (IGC) has revised its forecast for global wheat production in the 2024/25 season, primarily due to a significant downgrade in France’s wheat output, which has experienced one of its worst harvests in decades. In its latest monthly update, the IGC projected global wheat production at 799 million metric tons, down from […]

The U.S. bird flu outbreak affecting dairy cattle is believed to be significantly larger than official reports indicate, primarily due to farmers’ hesitance to test their animals. This reluctance stems from fears of economic repercussions associated with a positive test result, as revealed by interviews conducted by Reuters with dairy experts, veterinarians, and farmers across […]

Olam Group, a leading Singapore-based commodities trader, announced a slight increase in its first-half profit, with earnings rising by 0.2% to S$48 million ($36.5 million) for the period of January to June, compared to S$47.9 million a year earlier. This marginal growth came despite a notable revenue increase of 9.1%, which reached S$26.9 billion, driven […]

In July, India’s palm oil and soyoil imports surged to their highest levels in nearly a year, driven by refiners ramping up purchases in anticipation of festive demand and a recent correction in prices. According to the Solvent Extractors’ Association of India (SEA), palm oil imports rose by over 37% from the previous month, reaching […]