In Illinois, Bloomberg reports Cargill and Bunge have slowed down buying soybeans for processing into biodiesel due to the uncertainties around the 45Z credit, the guidance is that not yet out even though it comes into effect in January, whether it would be extended before the next president is sworn in or if it will […]
In Argentina, Palm Oil Magazine reports that low river levels in Argentina have impeded soybean transportation which in turn has pushed up prices for soybean oil and biodiesel in Brazil. As a result of low levels on the Paraná River, boats have been forced to cut their cargoes by up to 12%. Between short supplies […]
In Iowa, strategically planting perennial grass throughout corn and soybean fields helps address the unintended environmental consequences of growing the dominant row crops, including soil erosion, fertilizer runoff and greenhouse gas emissions. But converting portions of farmland back to prairie has to make financial sense for farmers, which is why a research team led by […]
In Washington, Brownfield Ag News reports USDA data shows April corn use for ethanol production fell 12% to 416.92 million bushels in April from the month prior due to seasonal maintenance closures. Despite the temporary closures and lower ethanol and DDGS production as a result, corn usage for ethanol remains on track for the year. […]
In Illinois, Farm Progress reports that soybean crushers are feeling pressure from increased imports of used cooking oil and other renewable diesel feedstocks, which is weighing on soy oil prices and potentially risking investments into further crushing. In an effort to combat these lower prices, millions of bushels worth of crushing capacity went offline in […]
In Maryland, U.S. Soy and Stanley Black & Decker outdoor brand DEWALT have developed soy-based Bar & Chain Biodegradable Oil for chainsaws and other chain-driven equipment. According to Ag Daily, the environmentally friendly oil is available at Home Depot and online retailers like Bomgaars, Mac Tools, Grainger, and Amazon. The product was endorsed by Buckin’ […]
In Colorado, demand for soybean oil as a feedstock in the production of renewable diesel is rising as the U.S. aims to increase adoption of cleaner burning fuels. Renewable diesel has emerged as the preferred low carbon replacement for traditional diesel, and U.S. production is projected to increase sharply in the years ahead. To meet […]
In Missouri, a recent Life Cycle Assessment conducted by Sustainable Solutions Corporation (SSC) for the United Soybean Board (USB) and the National Oilseed Processors Association (NOPA) reveals a significant reduction in the carbon footprint of U.S. Soy throughout its cultivation, harvesting, transportation and processing stages. The assessment highlights a notable 22% decrease in the carbon […]
In Belgium, 30 non-profit organizations, including T&E, WWF, Oxfam and Birdlife, call on the European Commission to phase out support for deforestation-driving soy biofuels. Both soy and palm oil have already been identified as significant drivers of deforestation and forest degradation and are covered under the recently adopted EU Deforestation Regulation. The letter calls on […]
In Brazil, Reuters reports that will the expected increase in the biodiesel mandate to 13% from March 2024, soybean exports are expected to fall as the additional biodiesel volumes will require 5 million metric tons of soybeans. Exports should fall between 1 million and 2 million tons, but Argentina, whose production has rebounded following a […]
