Wednesday, January 16, 2013

News and Notes for Wednesday January 16, 2013

Indonesia May Cut Palm Oil Tax to Zero to Counter Malaysia
Indonesia, the world’s largest palm oil producer, is considering reducing export taxes to boost competition with Malaysia, which set its tariff for the crude variety at zero this month to help clear record stockpiles. Read more from Bloomberg.

U.S. and World Supply-Use Balances for Major Grains, Soybeans and Products and Cotton
The USDA Economic Research Service (ERS) has released its monthly report, titled "World Agricultural Supply and Demand Estimates" (WASDE), which provides the most current USDA forecasts of U.S. and world supply-use balances for these commodities.  View the report (.pdf)

Oil Crops Outlook
The USDA Economic Research Service has released its latest monthly report which examines supply, use, prices, and trade for oil crops. Read "U.S. Soybean Crushers Benefiting from Strong Export Sales of Products" (.pdf)

World wastes half its food, study finds
Up to half of the world's food is wasted, according to a new report that found production inefficiencies in developing countries and market and consumer waste in more advanced societies. Read more from CNN.

USDA Announces Investments in Biobased and Renewable Products
Funds intended to increase the availability of alternative renewable fuels and biobased products. Read more from Farm Futures.

AOCS Oils and Fats World Market Update and Industry Expo Announced for 2013
AOCS and APK-Inform are pleased to announce their collaborative efforts in organizing the AOCS Oils and Fats World Market Update and Oils and Fats Industry Expo in Kiev, Ukraine, in April 2013. This conference is designed for senior executives, traders, suppliers, producers, processors, and food and nonfood companies from around the world.  Read more from Ukrainian News.

Requests for Proposals

Water-soluble additives for liquid absorption in laundry detergent formulations
NineSigma, representing a Global Consumer Products Company, invites proposals for water-soluble additives usable in laundry detergent powder formulation, which can absorb liquids including surfactants. View the RFP request (.pdf)

Development of a Multi-Purpose Margarine
NineSigma, representing a multi-national Food Company, invites proposals to enable the development of a premium, multi-purpose margarine. View the RFP request (.pdf)

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