The World’s Leader in the Palm Oil Industry:
The World’s Leader in the Palm Oil Industry: Indonesia making it the third largest export earner and employing 3.7 million farmers, or nearly 3% of the workforce (Levin, 2012). On the one
Defined as farmers with 50 hectares or less of land, smallholders produce 40 per cent of the US$66 billion industry’s oil, but only 14.5 per cent of the world’s sustainable palm oil. The potential for smallholders to grow palm oil in ways that avoid the issues that have given the industry a bad reputation while earning a decent living is huge.
As Thailand ramps up its palm oil sector, peat forests
As Thailand ramps up its palm oil sector, peat forests feel the pressure Thailand is aiming to increase its palm oil production 50 percent over the next nine years while at the same time
Palm oil is a commodity most of us know little about, yet is virtually ubiquitous in our daily consumption. It is a key ingredient of a host of store staples like cosmetics, soaps and snack foods. This omnipresent vegetable oil is harvested on plantations mostly in Indonesia and Malaysia by workers who remain hidden from the public eye.
Do smallholders hold the key to sustainable palm oil
Do smallholders hold the key to sustainable palm oil? To make sustainable palm oil a reality, an industry is searching for ways to steer these farmers towards more responsible practices. Smallholder palm oil farmers are growing sources of deforestation in Indonesia. What can be done to encourage them to switch to sustainable farming?
Palm oil can be produced more sustainably and things can change. The Roundtable of Sustainable Palm Oil or RSPO was formed in 2004 in response to increasing concerns about the impacts palm oil was having on the environment and on society. The RSPO has a production standard that sets best practices producing and sourcing palm oil, and it has the buy-in of most of the global industry.
Palm progress: Three reason Thai palm oil sector
In addition, scientific advances in Thailand in both crop science and agricultural technology, conscious environmental best practice implementation, purposeful development of sustainable markets, and making sure to take care of social sustainability were also listed as key reasons for the palm oil industry’s success in the country.
GFW Pro Can Analyze Commodities’ Deforestation Trends. A new tool can help. Global Forest Watch (GFW) Pro helps detect deforestation in your supply chain or investment portfolio and then do something about it, whether you’re a small palm oil trader in Indonesia, an agricultural investment bank in Paraguay, or a major global brand like Walmart. . Users can securely upload thousands of
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Paddy dominates the agriculture sector, accounting for around 60 percent of the net sown area and around 80 percent of the total value of sector production (Vokes and Goletti 2013). Other key crops include pulses, oilseeds, and rubber. The country also produces, sugar, maize, a wide range of fruit and vegetables, palm oil, and coffee.
services have deteriorated since the late 1970s, largely because of severe budget constraints 4.9 Field operations of the Oil Palm Industry (total amount available to the 19 provincial DPIs Corporation (OPIC) are highly focused is about K14 million per year), lack of well- geographically, and concentrated in five oil palm trained and qualified