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Oilseeds & Edible oil
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South Dakota Soybean Processors opens oilseed processing plant
The plant is designed to crush up to 35 million bushels of soybeans annually, with plans to process sunflower, canola, and camelina by 2026.
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Morocco’s olive oil industry set to double output by 2025
The surge is driven mainly by favorable weather conditions and an expanded olive harvest expected to hit 2 million tons, compared with 950,000 tons last year.
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Egypt secures wheat, vegetable oil imports as domestic purchases fall short
The government had aimed to buy between 4-5 million tons of wheat from local farmers during the 2024/25 season.
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Cobram Estate Olives secures US$115.69M to accelerate United States expansion strategy
The United States already accounts for more than a quarter of CBO’s olive oil sales, underscoring its strategic importance.
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SOPA urges 10% import duty hike on edible oils to shield domestic farmers
The proposed 10% hike would apply across refined and crude edible oil categories, potentially narrowing the price gap between imported and domestically produced oils.