Tag: USDA

Global vegetable oil production set to reach new peak

Global vegetable oil production set to reach new peak

October 11, 2018 |

In Washington, according to the USDA forecast, 2018/19 world vegetable oil production will probably rise more than 3 per cent from the previous year to a record level of just less than 204 million tonnes. Palm, soybean, rapeseed and sunflower oil account for around 87 per cent of that figure. Soybean oil is expected to see the biggest […]

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India’s ethanol blend could reach 3.2% this year

India’s ethanol blend could reach 3.2% this year

October 3, 2018 |

In India, although far from its 10% ethanol blending goals, the USDA estimates the country will achieve 3.2% ethanol blending this year at around 1.25 billion liters, the second-highest ever behind 3.3% in 2016. Total production capacity is could reach 6.5% blending if all ethanol was used for blending, which it is not. Last year […]

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Second-highest corn crop on record could push down feedstock prices even further

Second-highest corn crop on record could push down feedstock prices even further

September 13, 2018 |

In Washington, Platts reports that USDA data shows corn stocks will grow in the next season well above market expectations to 1.774 billion bushels for 2018/19. As such, excess supplies will continue to weigh on prices, helping to improve crushing margins for ethanol producers who are suffering from multi-year low prices. Higher yields account for […]

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Scientists and economists concerned over USDA’s relocation plans for NIFA and ERS

Scientists and economists concerned over USDA’s relocation plans for NIFA and ERS

August 18, 2018 |

In Washington, D.C., U.S. Department of Agriculture Secretary Sonny Perdue is planning on relocating the Economic Research Service and the National Institute for Food and Agriculture out of Washington, D.C. by the end of 2019 as part of a reorganization of his department. Scientists are concerned over the plan to overhaul the two federal offices […]

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USDA announces opening of biorefinery loan guarantee program

USDA announces opening of biorefinery loan guarantee program

August 9, 2018 |

In Washington, the USDA announced the solicitation of applications for funds available under the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program to provide guaranteed loans to fund the development, construction, and retrofitting of commercial scale biorefineries using eligible technology and of Biobased product manufacturing facilities that use technologically new commercial scale processing and […]

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USDA issues FONSI for proposed Velocys Mississippi biorefinery

USDA issues FONSI for proposed Velocys Mississippi biorefinery

August 7, 2018 |

In Mississippi, Velocys plc announced Aug. 7 that the USDA has issued a Finding of No Significant Impact on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. With the FONSI process completed, Velocys will now focus on the next steps in the project’s development, including securing the state-level permits that […]

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Trade conflict puts damper on USDA export outlook

Trade conflict puts damper on USDA export outlook

July 22, 2018 |

In Germany, UFOP reports that the U.S. Department of Agriculture expects the U.S. export potential to shrink because of the slowdown in demand from China in the wake of the trade dispute with the U.S. The USDA raised its forecast of 2018/19 US soybean production and now expects output to reach 117.3 million tonnes, up […]

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Soybean stocks likely to decline further

Soybean stocks likely to decline further

July 1, 2018 |

In Germany, UFOP reports that world soybean production could grow significantly in the 2018/19 marketing year. However, output will unlikely be sufficient to satisfy demand, which would lead to a further reduction in stocks. In its June report, the USDA has projected global soybean production in 2018/19 at 355 million tonnes. This translates to an […]

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US ethanol exports jumped 16% in 2017 despite import tariffs

US ethanol exports jumped 16% in 2017 despite import tariffs

May 28, 2018 |

In Washington, UsAgNet reports that USDA data shows US ethanol exports rose 16% on the year in 2017 to 982 million gallons despite import tariffs imposed by major markets including Brazil and China. Even with a 20% import tariff in place, Brazilian imports rose 13% on the year to 348 million gallons while in China, […]

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DOE meeting with USDA and EPA again over RFS proposals

DOE meeting with USDA and EPA again over RFS proposals

May 23, 2018 |

In Washington, Reuters reports that yet another meeting will be held by top officials from the departments of energy and agriculture—but not necessarily the Secretaries—together with the Environmental Protection Agency—but maybe not the Administrator—on Thursday to try to move forward proposed reforms to the Renewable Fuel Standard. With the White House yet to finalize its […]

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