Archived Posts

News Flash: October 15, 2015

INDUSTRY


Are Fats Unhealthy? The Battle Over Dietary Guidelines
People are passionate about food. People can also become pretty passionate about nutrition. We got a taste of that this month over early efforts to influence the dietary guidelines that the United States Department of Agriculture establishes every five years. We got even more last week, when a congressional hearing on the scope and reliability of the science behind recommendations became heated. It started when Nina Teicholz wrote an article in a respected medical journal, BMJ, arguing that the Dietary Guidelines Advisory Committee that advises the agriculture department isn’t using good research to make its decisions. New York Times

BIOFUEL


EU biodiesel demand “slack” in September, says UFOP
In Germany, UFOP updated on the EU biodiesel market and outlook, writing: “September 2015 demand for biodiesel was slack. Spot material sold swiftly early in the month. There was little interest in the smaller quantities that remained. Wholesale prices were fairly weak. The difference in price between biodiesel and (comparatively weak) diesel increased again.” Prices at the pump: “Consumers also had to pay less at the pet-rol stations in September 2015. At on aver-age 112.3 euro cents per litre, pump prices for mineral diesel were down approximate-ly 0.5 euro cents per litre from the previous month. By contrast, prices for Super E10 dropped sharply by 6 euro cents per litre to 133 euro cents per litre.” Biofuels Digest

CANOLA


Canola Industry Heralds Pact
The Trans Pacific Partnership will mean new markets and a reduction of tariffs and grow the canola industry by as much as $780 million annually, say insiders. Brian Innes is vice president, government relations with the Canola Council of Canada. Innes and others in the industry welcomed the news they have heard about the TPP. “For the canola industry, the TPP is a great for the quarter-million Canadians supported by canola, and the communities where they live,” said Innes. “It’s a great deal because it eliminates tariffs on canola oil and canola meal – tariffs that have essentially taxed Canadian imports, and prevented us from selling value-added products to countries like Japan and Vietnam.” Lethbridge Herald

New Canola Promises Breakthrough
A canola breeder has developed a new trait that makes canola meal far more competitive with soybean meal. Until now, canola meal has traded at a 35 percent discount to soybean meal in markets around the world because of its inferior protein levels. Dow AgroSciences has spent the last 15 years developing a trait through conventional breeding techniques that significantly boosts canola protein levels. “We think we can change the value from being (65) percent of soy up to the range of about 85 percent of soy,” said Dave Dzisiak, commercial leader, grains and oils, with Dow during the recent Oilseed & Grain Trade Summit. Western Producer

CORN


China Imports of Maize Forecast to Grow Substantially to Meet Industrial Pig Production Demands
As China’s meat production industrializes, feed grain demand will jump significantly, and will require the Asian giant to source feedstocks, particularly maize, on the international market, forecasts Price Waterhouse Cooper (PwC) in a new report.  In 1971, the average total intake per person in China was 1,863 calories compared to 3,025 in the UK. By 2011, the Chinese intake was 3,074 compared to 3,414 in the UK. The biggest change has been meat consumption, or animal calories, which have increased by well over 400% per person, per day since 1971, and more than doubled since 1991, found the publication. Feed Navigator

PALM


Palm Oil Imports Up 12.20% in September on Lower Prices: Solvent Extractors’ Association
India’s palm oil imports rose by 12.20 per cent to 7,83,734 tonnes in September as against the year-ago period, on account of lower global prices, industry body Solvent Extractors’ Association (SEA) said today. India, the world’s leading vegetable oil buyer, had purchased 6,98,471 tonnes of palm oil in September last year. Palm oil makes up 70 percent of the country’s total vegetable oil imports. India meets 60 percent of its annual vegetable oil demand of 17-18 million tonnes via imports. Economic Times

SOYBEAN


Brazilian Soy Exporters, Crushers and Farmers Should ‘Keep Their Eyes On’ German GM Free Trend, Says Retailer
There is a now a huge momentum in Germany to convert all private label meat sectors to GM free soy, said the German Association of Food without Genetic Engineering (VLOG). “The transition to non-genetically modified (GM) soy is taking place in meat sectors beyond poultry and we are seeing discounters like Lidl and Aldi getting on board. We have a much stronger commitment now from the retail sector overall regarding the use of GM free soy in own label meat, egg and milk products,” Alexander Hissting, general manager of VLOG, told FeedNavigator. Feed Navigator