Argentina exported biodiesel to Canada for the first time in March

In Argentina, with the US biodiesel almost entirely blocked to the imports, Reuters reports that 29,000 metric tons found their way to Canada in March instead—and for the first time ever. Bunge and Argentina’s AGD joint venture Ecofuel sold the biodiesel. The country could potentially buy as much as 200,000 tons of biodiesel this year but it’s far from the 1.5 million tons the US imported in 2016. European exports have recovered but they only helped Argentina export 254,000 tons through March 21 compared to 1.7 million tons last year.