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The overall cost of food rose slightly between 2018 and 2019, according to the updated data from the United Nations.
Indonesia’s government said that it expects to begin a World Trade Organization (WTO) process to resolve a dispute with the European Union over palm oil by the end of January 2020.
A row over EU restrictions on Indonesian palm oil has escalated into a far broader trade dispute that is affecting European liquor and dairy sales.
Indonesia has filed a lawsuit against the EU at the World Trade Organisation (WTO) over the bloc’s restrictions on palm oil-based biofuels.
The European Commission has confirmed EU duties on imports of biodiesel from Indonesia to counter what it sees as unfair subsidies.
Analysts expect EU rapeseed production to recover from the 2019 disaster season next year, but still remain below the previous long-term average.
A new goal of reducing company supply chain greenhouse gas (GHG) emissions by 30% per ton of product by 2030 compared to 2017 levels, was announced by Cargill as part of its efforts to combat climate change Tuesday (Dec. 3).
Patrick Pouyanne, chief executive of the oil company Total, has criticised the French Parliament's decision on November 15, 2019 to remove tax breaks on palm oil in biofuels, saying the survival of its hydrotreated vegetable oils (HVO) plant in southern France was now at stake.
The French Parliament has voted to remove tax breaks for the use of palm oil as a biofuel, a day after a ruling in favour of maintaining the advantage led to howls of protests from environmentalists.
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