Archived Posts

News Flash: February 18, 2016

INDUSTRY


Biotech, the answer to edible oil shortage
Plant biotechnology has boosted yields in 29 countries. It can usher self-sufficiency and improve nutritional outcomes. The Indian edible oil industry is the world’s fourth-largest after the US, China and Brazil, accounting for close to 9 per cent of global oilseeds production. India’s consumption of edible oils has seen a steady rise due to increasing household incomes, growing population and health awareness. The Hindu Business Line

BIOFUEL


Statement from Agriculture Secretary Tom Vilsack on Research Showing Significant Improvement in Efficiency of Ethanol Production and Other Trends
Agriculture Secretary Tom Vilsack today released a statement on two recent research reports supported by USDA focused on ethanol and other renewable fuels, one published by USDA’s Office of the Chief Economist and another published by the University of Missouri: “These research reports demonstrate, once again, that America’s renewable energy industry has quickly expanded and evolved since President Obama’s administration embraced an ‘all-of-the-above’ energy strategy beginning in 2009. USDA

CANOLA


Government of Canada invests in canola research
Agriculture Minister Lawrence MacAulay announced today that the Government of Canada is investing over $980,000 in research to help drive innovation and profitability in the canola industry. The investment through the Canola Council of Canada (CCC) will support the canola industry’s new strategic plan entitled “Keep it coming: 52 by 2025” designed to help improve canola yields to meet 26 million metric tonnes of global demand and increase yield to 52 bushels per acre by 2025. SeedQuest

CORN


India’s target to import GMO-free corn: mission impossible?
As India prepares to import corn for the first time in 16 years, at least one stipulation in its international tender has become much tougher to meet – that shipments of the crop are completely free of genetically modified organisms (GMOs). The Asian country of 1.2 billion people does not allow cultivation of any genetically modified food, and has rules that are supposed to ensure that imports contain no trace of GMOs. Deccan Herald

PALM


Russia considers a tax on palm oil and sugary drinks
The Russian government is considering imposing a tax on palm oil and sugary drinks in a bid to fill state coffers and improve public health, according to reports. The business daily, Vedomosti, reported last Friday that a palm oil tax would be first on the agenda, with a levy of around $200 per tonne that could come into effect as soon as 1 July this year.  Food Navigator

SOYBEAN


Should you eat more soy?
For years, soy seemed to be on every list of superfoods. With good reason: It’s packed with protein and fiber, and it contains isoflavones — estrogen-like compounds thought to help strengthen bones, dampen hot flashes, lower cancer risk and more. But lately, soy’s reputation has taken a hit, in part because what “soy” means isn’t always clear. The Washington Post