Brazilian ethanol production expected to reach record 6.4 billion gallons in 2008

April 18, 2008

In Brazil, the Sugar and Ethanol Industry Association said that 58 percent of the Brazilian sugar crop would be converted to ethanol in 2008, a record. Production is expected to reach 6.4 billion gallons. 56 percent of the sugar cane crop was converted to ethanol in 2007, and 51 percent in 2006.

US farm income rises 32 percent to $87.5 billion; subsidies down $3.7 billion

The USDA Economic Research Service projected that US farm income would reach a record $87.5 billion in 2007, up $28.5 billion over 2006. Crop production is expected to increase by $30 billion and live...

Brazilian ethanol production to increase 23 percent in 2008

In Brazil, ethanol production is expected to grow 19 percent this year to 7.238 billion gallons, with a potential increase in exports of 23 percent to 1.1 billion gallons, according to the Brazilian a...

Brazilian biodiesel production to reach 700 Mgy by 2015, says report

In Brazil, the São Paulo State Commerce Federation projected in a new study that Brazilian biodiesel production will reach 700 Mgy by 2015, up from 350 Mgy in 2008. The report projects that soybeans ...

Globel ethanol market to reach 27.7 billion gallons by 2012: report

A report from Global Industry Analysts projected that the global ethanol market will reach 27.7 billion gallons by 2012. The report found that 66.5 percent of global ethanol sales in 2008 represented ...

Seeking Alpha projects oil to reach $125 a barrel in 2008

Seeking Alpha projects that oil will reach $125 per barrel in 2008. Commentator Byron Wien said "China and India are consuming less than two barrels of oil per person per year while we consume 26 b...

Brazilian biodiesel mandate expected to send South American biodiesel production soaring

Farms.com reports that a 2 percent mandate for biodiesel that will be implemented in January 2008 promises to dramatically increase Brazilian biodiesel production. The mandate is expected to rise to 5...

Written by Jim Lane · Filed Under International, Producer News