Latin American countries, like Colombia and Guatemala, with higher yields and traceable supply chains, emerge as potential frontiers for palm oil production due to aging trees and stricter land clearing controls in Southeast Asia.
Latin American countries like Colombia and Guatemala, with higher yields per hectare and advanced tools for traceable supply chains, are emerging as potential frontiers for palm oil production amid global shortage. Aging trees and stricter land clearing controls in Southeast Asia's main producers, Malaysia and Indonesia, are causing the shortage. Latin America aims to meet the demand for sustainable palm oil for markets like Europe.
April 14, 2024
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