Category: Food & Agriculture

Paraguayan soybean production exceeded 11 million tons for the first time in 2024

Paraguayan soybean production exceeded 11 million tons for the first time in 2024

January 27, 2025 |

In Paraguay, EFE reported that soybean production in Paraguay exceeded 11 million tonsfor the first time in the 2023-2024 harvest, according to the Paraguayan Chamber of Exporters and Traders of Cereals and Oilseeds (Capeco), which forecasts a lower result for 2025 due to a possible impact of drought on these crops. In addition, the export […]

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Comstock Fuels executes agreement with Hexas Biomass 

Comstock Fuels executes agreement with Hexas Biomass 

January 27, 2025 |

In Oklahoma, Comstock announced that its subsidiary, Comstock Fuels Corporation executed an agreement with Hexas Biomass, securing exclusive rights to Hexas’ intellectual properties in liquid fuels applications, subject to certain pre-existing agreements and relationships.   Comstock Fuels delivers advanced lignocellulosic biomass refining solutions that set industry benchmarks for production of renewable Bioleum fuels at market-leading […]

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Argentina reduces grain export duties until end of June

Argentina reduces grain export duties until end of June

January 27, 2025 |

In Argentina, Infobae reported that Argentine Economy Minister Luis Caputo announced that the government will lower the taxes on the main agricultural exports until June. The government confirmed that export duties on soybean exports will be temporarily lowered from next January 27 until the end of June, from 33% to 26% Export duties for soybean […]

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Ohio Soybean Association thanks U.S. Treasury for new guidance on biofuel credit

Ohio Soybean Association thanks U.S. Treasury for new guidance on biofuel credit

January 19, 2025 |

In New York, Morning Ag Clips reported that the Ohio Soybean Association (OSA) commended the U.S. Department of the Treasury for the release of new guidance surrounding the 45Z biofuel tax credit.  The guidance addresses key aspects of biofuel production and outlines the eligibility criteria for claiming the credit, benefiting soybean farmers by further strengthening […]

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Anec raises forecasts for Brazil’s soybean, corn and wheat exports in January

Anec raises forecasts for Brazil’s soybean, corn and wheat exports in January

January 19, 2025 |

In Brazil, Dinheiro Rural reported that Brazil’s exports of soybeans, soybean meal, corn and wheat in January are expected to end January above initial projections, according to data by the National Association of Cereal Exporters (Anec). The country’s soybean shipments were estimated at 2.19 million tons, compared to 1.71 million in the previous week’s projection. […]

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Louis Dreyfus Company buys grain facility in Uruguay, aims to expand camelina planting

Louis Dreyfus Company buys grain facility in Uruguay, aims to expand camelina planting

January 19, 2025 |

In Uruguay, Infonegocios reported that Louis Dreyfus Company (LDC) announced the acquisition of a grain and oilseed storage facility in Colonia, Uruguay. This facility, operated by the company for the past six years, is strategically located 2.5 kilometers from the port of Nueva Palmira , Uruguay’s main bulk terminal. The report noted that crops such […]

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USDA publishes interim rule on technical guidelines for climate-smart agriculture crops used as biofuel feedstocks

USDA publishes interim rule on technical guidelines for climate-smart agriculture crops used as biofuel feedstocks

January 19, 2025 |

In Washington DC, the U.S. Department of Agriculture (USDA) announced the publication of an interim rule on Technical Guidelines for Climate-Smart Agriculture Crops Used as Biofuel Feedstocks. The interim rule establishes guidelines for quantifying, reporting, and verifying the greenhouse gas (GHG) emissions associated with the production of biofuel feedstock commodity crops grown in the United […]

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US winter wheat plantings up from 2024, USDA says

US winter wheat plantings up from 2024, USDA says

January 19, 2025 |

In Washington DC, World Grain reported that US farmers last fall planted more acres to winter wheat for harvest in 2025 than they did for 2024, but fewer than 2023 and just shy of the five-year average acreage, according to the US Department of Agriculture (USDA). Seedings of winter wheat for harvest this year were […]

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Buenos Aires Grain Exchange says 21% of the Argentine soybean area is in poor to average condition

Buenos Aires Grain Exchange says 21% of the Argentine soybean area is in poor to average condition

January 19, 2025 |

In Argentina, Bichos de Campo reported that a report by the Buenos Aires Grain Exchange stated that 21% of the overall area planted with the crop is in poor to fair condition due to water restrictions. “This situation is especially critical in the south of the core zone, where the greatest decrease in water conditions […]

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BCR reduces corn, soybean production estimates in Argentina

BCR reduces corn, soybean production estimates in Argentina

January 19, 2025 |

In Argentina, La Nacion reported that the Rosario Grain Exchage (BCR) said that Argentina’s 2024/25 corn crop is expected to reach 48 million tons, down from a previous estimate of 50-51 million tons, due to the impact of a drought.  In its monthly grains report, the BCR said its estimate for 2024/25 soybean production would […]

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