October 06, 2015

06/10/2015: Soyatech news

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Oil palm gene mutation discovery and new testing could change industryThe discovery of a gene mutation that causes oil-barren cloned palms, and cheaper diagnostic testing could be a game-changer for the industry. 

A Chinese delegation is expected to sign deals for the purchase of millions of tons of US soybeans at a ceremony in Iowa on September 24 during President Xi’s upcoming state visit.

As plant-based beverages boom, there remains an opportunity worth US$2.7 billion in other plant-based categories.

Leading Turkish oilseed processor and edible oil producer, Reka, is to receive €45 million from the European Bank for Reconstruction and Development (EBRD) to fund expansion.

The Ukrainian area planted in rapeseed for the 2016 harvest is expected to be cut by 40 percent due to drought, according to the country’s agriculture minister.

CBH and Glencore seek to sell stakes in Newcastle Agri Terminal
Australian port infrastructure to be on the market as CBH and Glencore are reportedly seeking to sell their stakes in Australia’s Newcastle Agri Terminal.
  
China to cut price paid for state corn reserves by 10 percent for 2015/16
Industry and government sources state that China will be reducing its price paid for domestic reserve corn by 10 percent, marking the first such price reduction since 2008.
    


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