ARTICALS 4

Agrinas Key points: ⚡Over 221,000 hectares of plantations in corruption probe ⚡World's top producer aiming to clean up palm oil's image ⚡Defence minister heading task force on illegal plantations

After two days of gains, Malaysian palm oil futures fell on expectations of a recovery in production and a reduction in exports, as well as under pressure from lower prices for competing oils.

Biofertilizers are natural fertilizers containing living microorganisms that enhance soil fertility and plant growth by fixing nitrogen, solubilizing phosphorus, and promoting beneficial microbial activity, reducing the need for chemical fertilizers.

The African Development Bank (AfDB) and the Economic Community of West African States (ECOWAS) Commission have signed a Protocol of Agreement for a grant of $11.78 million aimed at strengthening regional rice production, enhancing food security, and reducing West Africa’s dependence on costly rice imports.

Brazil's corn ethanol production is poised to nearly double to 16 billion liters by 2032, driven by rapid industry expansion and infrastructure development, according to a report from Citi Investment Bank. Citi projects that Brazil will produce 6.3 billion liters of corn ethanol in 2023-24, with output rising to 9.5 billion liters in the current crop season. The National Corn Ethanol Union expects production this season to exceed forecasts by 200 million liters, pushing total output to approximately 8.2 billion liters.

GACC data is generally reliable, buyers should cross-check it with CIQ (China Inspection and Quarantine) reports, independent trade databases, and direct inquiries with customs authorities.

China imposed various retaliatory tariffs on the US in response to US President Donald Trump's tariff policy. Particularly notable is the 10% tariff China imposed on US soybeans (ZS=F), as soybeans are the US's top agricultural export, with China as the top importer.