Reporters’ Notebook: The 10 Most Overlooked bioeconomy stories of the week

April 2, 2020 |

You’d think soy demand would be down this week while cautious farmers assess the impact of the coronavirus on demand for farm products, Word out of Germany is that domestic feed demand has actually jumped — it appears, farmers are stocking up on feed, given the uncertain circumstances. There’s been a sharp price rise in Chicago, which in calendar week 13 led to the highest price level since August 2018, according to UFOP.de. Another factor was lower soybean meal production in Argentina, provoked by the insolvency of a large oil mill. Moreover, the spread of the corona pandemic and imposition of border closures in Argentina and Brazil have also slowed transports and shipments in the ports of export, although goods traffic should actually cross the borders unhindered.

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Category: Fuels, Top Stories

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