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NIOP: News Flash April 14, 2016

INDUSTRY


European Food Safety Agency – Assessment of new scientific elements supporting the prolongation of prohibition of the placing on the market of genetically modified oilseed rape GT73 for food and feed purposes in Austria
Following a request from the European Commission, the European Food Safety Authority (EFSA) evaluated the documentation provided by Austria to support the prolongation of the safeguard clause measure prohibiting the placing on the market of genetically modified oilseed rape GT73 for food and feed uses in Austria. SeedQuest

Vermont to target ‘willful violations’ of GMO labeling law
As Vermont is set to become the first state in the country on July 1 to require the labeling of foods containing genetically modified ingredients, the state’s attorney general says his office will enforce the law by targeting “willful violations” by manufacturers and not products that were produced before that date that are still on store shelves. Associated Press

BIOFUEL


Lawmakers asked to extend biofuel tax incentives
State legislators are being asked to extend the production payment currently available for biodiesel manufacturers located in Iowa. Legislation moving through committees in the Iowa House and Iowa Senate seeks to extend for seven years a payment equal to two cents per gallon of biofuel produced in Iowa — up to a total of 25 million annual gallons for each manufacturing facility. The Courier

CANOLA


Canola oil’s future bright amid vegetable oil changes
Canola has a golden future in terms of demand for its oil, a senior Archer Daniels Midland executive told the Canola Council of Canada annual meeting. It has been part of the revolution in vegetable oil use and development, plus it fits perfectly into growing food industry needs. As canola’s high-oleic and low saturated fat qualities are increased, more users will probably tap into it. The Western Producer

CORN


Benefits of switch from saturated fat to corn oil for longer life challenged
Replacing saturated fats in the diet with unsaturated corn oil fails to reduce the risk of death, according to a finding from a large randomized trial in the U.S. that went mysteriously unpublished for decades despite its implications for nutrition recommendations. The “diet-heart hypothesis” predicts that replacing saturated fat with vegetable oil rich in linoleic acid will lower cholesterol levels in the blood and reduce cardiovascular events and deaths. CBC News

PALM


Indonesia to issue a moratorium on new palm oil concessions
Indonesia, the world’s top producer of palm oil, will issue a moratorium on new palm oil concessions, President Joko Widodo said on Thursday, part of the country’s efforts to reduce the sector’s impact on the environment. Reuters

SOYBEAN


American Soybean Association urges Agriculture Secretary Tom Vilsack and U.S. Trade Representative Michael Froman to pressure European Union on unapproved soy traits
In a letter sent today to Agriculture Secretary Tom Vilsack and U.S. Trade Representative Michael Froman, the American Soybean Association (ASA) urged the administration to press the European Commission to approve three biotech soybean traits, each of which has been awaiting final approval since January. SeedQuest