In Missouri, World Grain reported that the latest report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture forecasts a strong soybean production and crush in Argentina in the 2024-25 marketing year. With nearly 90% of the soybean crop planted, crop development is progressing well with 93% of the crop in the […]
In Brazil, Globo Rural reported that the soy and biodiesel chain in Brazil is expected to end this year with a GDP 6% lower than in 2023, according to an estimate by the Center for Advanced Studies in Applied Economics (Cepea), at Esalq/USP, in partnership with the Brazilian Association of Vegetable Oil Industries (Abiove). The […]
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 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 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 […]
