Blockchain technology allows retailers, suppliers and anyone who has access to the software, to have real-time information on a product’s origination and the stops it made along the way before it reaches its destination. However, when it comes to olive oil, blockchain can be useful in determining provenance and delivery path, but not the purity or freshness of the product.

Cargill agreed to sell two of its oilseed processing plants and businesses in the Netherlands and France to global agribusiness Bunge Limited.

In mid June the Food and Drug Administration (FDA) issued a final determination that removes partially hydrogenated oils (PHO), the primary source of artificial trans fats in processed food, from the “generally recognized as safe” (GRAS) list of human food ingredients.

Cargill announced it is investing $100 million to double the capacity of its soybean oil crush operation in Borg El Arab, Egypt to meet the increasing demand in the country for soybean meal and vegetable oil. 

 In June, FDA announced its determination that PHOs are not generally recognized as safe or GRAS for use in human food. 

The Grocery Manufacturers Association (GMA) today announced it has petitioned FDA to approve specific low-level uses of partially hydrogenated oil (PHOs) in food products.

Taking another step toward removing trans fats in food, FDA said Tuesday it has determined partially hydrogenated oils (PHOs), the primary dietary source of artificial trans fat in processed foods, are not “generally recognized as safe” or GRAS for use in human food.

A new study conducted by the North American Olive Oil Association says (NAOOA) half of olive oil consumers are confused when it comes to choosing the right product because they are unsure of what is important.