Reading Time: < 1 minute MarketsFarm — Indonesia, the world’s largest producer of palm oil, is forecast to see a three per cent rise in production in 2023-24, according to the U.S. Department of Agriculture’s Foreign Agricultural Service post in Jakarta. The country’s USDA post anticipates 46 million tonnes of palm oil production, which would be up from 44.7 during […] Read more
USDA’s Indonesia desk predicts increased palm oil production
An El Nino event could weigh on that outlook
Sierra Leone passes new laws to boost landowners’ rights
Reading Time: 2 minutes Freetown | Reuters — Sierra Leone’s parliament on Monday passed two laws that lawyers say will help boost the rights of rural landowners and women against land grabs by big mining and agribusiness firms. The West African country has a history of sometimes deadly conflict between local communities and foreign companies that have cleared huge […] Read more
Indonesia’s palm oil export ban seen short-lived on limited storage
Reading Time: 3 minutes Jakarta/Mumbai | Reuters — Indonesia’s ban on palm oil exports is unlikely to last more than a month as Jakarta has limited infrastructure to store the surplus oil and the country faces mounting pressure from buyers to resume shipments, industry officials said. The world’s top palm oil exporter announced plans to ban exports on Friday, […] Read more
Indonesia bans palm oil exports as global food inflation spikes
Government under pressure to control cooking oil prices
Reading Time: 3 minutes Jakarta | Reuters — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely used in products ranging from […] Read more
Indonesia palm oil production to rise, USDA attache says
Reading Time: < 1 minute MarketsFarm — There’s to be a small increase in palm oil production in Indonesia in 2022-23, according the U.S. Department of Agriculture’s attaché in Jakarta. The attaché pegged palm oil output to rise by 1.1 per cent at 46 million tonnes due to favourable weather and higher prices for producers. Also, the attaché revised 2021-22 […] Read more
Study finds no data to show change in butter consistency
Not enough data to link to palm supplement use, either
Reading Time: 4 minutes Updated, Jan. 24 — A panel tasked with reviewing complaints of changes in Canadian butter’s consistency has found there’s not enough data out there to support those complaints — nor to support the allegation that palm byproducts in cows’ rations were the cause. The Expert Working Group on Feed Supplementation, set up by Dairy Farmers […] Read more
A message from April Stewart, Country Guide's Associate Editor
