Archived Posts

News Flash: November 5, 2015

INDUSTRY


Partially Hydrogenated Oils – GMA Petition to Allow Limited Uses Clears a Hurdle
FDA today announced that it has filed a petition submitted by the Grocery Manufacturers Association (GMA) to amend the food additive regulations to provide for the safe use of partially hydrogenated oils (PHOs) in limited food applications. Readers may recall that FDA issued a declaratory order in June 2015 announcing its final determination that PHOs are not generally recognized as safe (GRAS). The FDA declaratory order, which has a compliance date of June 18, 2018, stated that PHOs are the primary dietary source of industrially-produced trans fatty acids and that there is no longer a consensus of expert opinion that artificial trans fats are safe in any human foods.  OFW Law

USDA to Collect Final 2015 Crop Production and Crop Stocks Data
As the 2015 growing season officially comes to an end, the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) will contact producers nationwide to gather final year-end crop production numbers and the amount of grain and oilseeds they store on their farms. At the same time, NASS will survey grain facility operators to determine year-end off-farm grain and oilseed stocks. Farm and Ranch Guide

No Limit on Stocking Imported Pulses, Oil, Oilseeds
The government has removed the limit on stocking imported pulses, cooking oil and oilseeds. Food and civil supplies minister Girish Bapat said the decision was taken on Monday evening in a bid to bring down prices. Currently, there is a stock of one lakh metric tonnes of whole tur dal in the go downs at Jawaharlal Nehru Port Trust and Mumbai Port Trust. Bapat said it would take around two to three days to halve the dal, polish it and release into the market. By November end, the government expects 5.41 lakh metric tonnes of imported pulses to reach JNPT. The Times of India

BIOFUEL


Better Biofuels Ahead
Biofuels produced from switchgrass and post-harvest corn waste could significantly reduce the emissions that contribute to climate change, according to an analysis by EWG and University of California biofuels experts. EWG’s analysis found that the life cycle carbon intensity of cellulosic ethanol from switchgrass was 47 percent lower than that of gasoline. Ethanol made from corn stover – the leaves and stalks that remain in the field after the grain is harvested – has a life-cycle carbon intensity 96 percent lower than gasoline’s. Environmental Working Group

CANOLA


The Low-Down on New Canola Hybrids
When making your seed buying decision for 2016, do your homework and check out the latest canola performance data and look at a variety’s entire agronomic package on top of the yield numbers. For my money, your best source is going to be the CPT (Canola Performance Trials), available online and through provincial seed guides, and the public co-op trials. They will offer good comparison numbers in areas such as yield, days to maturity and stand ability. Grain News

CORN


Study Touts Benefits of Ethanol from Corn Stover
Ethanol produced from corn stover is better for the climate than renewable fuel made from corn, underscoring the need for Congress to support production of next-generation fuels, a study released Tuesday concludes. The report from the Environmental Working Group and the University of California found that ethanol produced from corn stover — the leaves and plants left once the grain has been harvested — offset about 96 percent of the emissions produced from gasoline. Des Moines Register

PALM


Malaysia’s October palm oil inventory seen at record high
IMB Investment Bank Bhd  said Malaysia’s Oct palm oil inventory could have climbed to 2.72 million tonnes from the preceding month, as exports dropped at a faster pace than production. In a note, CIMB analyst Ivy Ng Lee Fang said palm oil exports might have declined 2.7% versus crude palm oil (CPO) production’s 0.9% drop. Palm oil inventory and exports comprise CPO and processed palm oil. “CPO price has jumped 16% over the past two months to US$560 (RM2,143) per tonne, due to market concerns over the prolonged drought impact on FFB (fresh fruit bunch) output in 2016. The Malaysian Insider

Is RSPO certification becoming irrelevant?
Companies are increasingly demanding certified palm oil using criteria that are stricter than current RSPO standards – does the mean the RSPO certification is in danger of becoming irrelevant? Mondelez and Danone have announced they are using additional requirements to their sustainable palm oil, such as protecting peatlands and reduced greenhouse gas emissions, and more will be following in their footsteps as companies battle to become ‘sustainability leaders’, says Rabobank. Food Navigator

SOYBEAN


India Resumes Soymeal Imports
India, which used to be a major exporter of soymeal, has entered into contracts to import around 10,000 tonnes, as international prices have dropped sharply below domestic rates. Indian soymeal is selling at over Rs 35,000 a tonne in the domestic market, while the same is available in the international markets at less than Rs 31,500 per tonne, delivered on the ports. Though India imposes a duty of 15 per cent on imported soymeal, such has been the slump in global markets that it is still cheaper than locally produced ones. Business Standard