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Tag Archives soybean oil

Crops, Grain Markets, News, Oilseeds

ICE set to introduce five new U.S. grain and oilseed contracts

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Reuters / ICE Futures US intends to begin offering five new U.S. grain and oilseed contracts, pending review by the Commodity Futures Trading Commission. The contracts include U.S. corn, wheat, soybeans, soybean meal and soybean oil, IntercontinentalExchange (ICE) announced. Futures contracts are slated to be available on May 14, with options available May 15. “These contracts
News, Oilseeds

U.S. lapping up Canadian canola oil

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Reuters / Canada’s canola crushers are processing the oilseed at a record-brisk pace, as demand for canola oil heats up among U.S. makers of biodiesel and food products like potato chips. The United States has long been a key export market for canola, Canada’s second-biggest crop after spring wheat, but its appetite has spiked in
Crops, News, Oilseeds

New technology focuses on native gene manipulation

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The pace of canola seed innovation has increased dramatically over the last 10 years, but that doesn’t mean the industry can take a break or rest on its laurels. As canola production and consumption has increased over the last four or five years, the amount of soybean oil used worldwide has dropped by four billion
News, Oilseeds

Canadian Canola Gains U.S. Approval

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The U.S. Environmental Protection Agency approved the use of Canadian crops such as canola and corn in U.S. biofuels Sept. 29, a move that lifted Canadian canola prices and may help the U.S. meet its ambitious targets for biofuels. The EPA s designation of Canadian crops as a renewable biomass will allow U.S. biofuel makers
News, Oilseeds

Soybeans Chasing Canola’s High-Stability Oil Markets

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High-stability canola oil is gaining market share in food services and food manufacturing, but the soybean industry is fighting back. In 2010 the United States Department of Agriculture granted Monsanto’s new Vistive Gold soybean “Generally Recognized as Safe” (GRAS) status. Now companies can test Vistive Gold’s high-oleic oil in food, a prerequisite to commercialization. And
Country Crossroads, Oilseeds

Deep-Fried Foods Can Fit In Healthy Diet

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Although people have been “trained” to think that low fat equals healthy, we actually need some oil in our diet. Oil is made up of three kinds of fatty acids. Based on their chemical structure, oils are a combination of saturated, monounsaturated and polyunsaturated fatty acids. Our body can’t make the polyunsaturated fats found in
Crops, Oilseeds

Dow AgroSciences Touts Profit Potential Of Nexera Hybrids

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Nexera canola varieties are a good deal for farmers and will only get better, according to Dow AgroSciences. Nexera canola is known for its highly stable oil, which has a long shelf life and therefore doesn’t have to be hydrogenated, a process which creates trans fats. But the knock has always been that Nexera varieties
Crops, Oilseeds

Soybeans Fighting Canola To Get Markets Back

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Soybeans are fighting back. Soybean oil is still the most consumed vegetable oil in North America, but it’s been losing ground to canola, which is regarded as the healthiest vegetable oil because it contains just seven per cent saturated fat. Part of canola’s gains have resulted from the development of high-stability, omega-9 oil. It has

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