In Virginia, Governor Glenn Youngkin announced that Perdue AgriBusiness, a leading U.S. agriculture products and services company, will invest $59.1 million to expand its operation in the City of Chesapeake. The company will modernize facilities and increase production of its high protein soybean meal, soybean oil, and hulls, positioning the company to expand its soybean crushing capability to […]
In Argentina, Diario26 reports that the government has lifted the temporary export ban on soy oil and meal in response to concerns regarding impacts of the Russian invasion of Ukraine and has instead increased export retentions on the two products to 33% from the previous 31%. Retentions on biodiesel were also increased by 1%, but […]
In Nebraska, the Kearney Hub reports N Bowdish will invest $375 million in a soybean crushing plant near Norfolk, crushing 38.5 million bushels of soybeans annually. The facility aims to be operational in 2024. The growing demand for soybean oil, in part driven by renewable diesel growth, is behind the new facility as well as […]
In Nebraska, Ag Processing Inc plans to make a significant investment to expand the crush capacity of its soybean processing facility in Sergeant Bluff, Iowa. Chief Marketing Officer Mark Sandeen added, “The availability and quality of the soybeans in the Sergeant Bluff area make it an excellent location to expand our crush capacity. AGP continues […]
In Washington, the House Agriculture Committee hearing on The Immediate Challenges to Our Nation’s Food Supply Chain convened Nov. 3 where producers, processors, and users of soy expressed their concerns over recent issues ranging from labor shortages to shipping woes. They’re also expressing what they’re not concerned about: soy oil supplies. Food industry groups have […]
In Brazil, Reuters reports that the country’s soy crushers are extremely concerned about the government’s recent lowering of biodiesel blending back to 10% last month and are calling on the government to clearly articulate its plans for returning to the 13% blend, or not. Abiove, which represents the largest soy crushing companies in the country, […]
Four companies developed the first process in the world to produce compostable bioplastic from food and feed production side streams. A biopolymer plant will be built in Uusikaupunki, Finland, in which bioplastic production will be piloted on an industrial scale. Finnfoam, Brightplus, VTT Technical Research Centre of Finland and Nordic Soya have explored together the […]
In Brazil, BiodieselBR reports that soybean oil passed the 75% share in the raw material matrix of the Brazilian biodiesel industry for the first time in three and a half years. According to the new set of data released by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), in April about 75.2% of […]
“I’m Possible” is even in Impossible Foods name and right now when so many things seem impossible, they are proof that even in a global pandemic, good things can still happen. Having just secured $500 million dollars in fresh funding, despite the global turmoil triggered by the coronavirus, they are showing anything is possible indeed. […]
In Argentina, a new certification scheme that translates to “Made in Santa Fe with Renewable Energy” showcases products made in the soy and biodiesel hub of Santa Fe province partially or entirely made from a wide range of renewables including biodiesel, biomass and biogas. Products and services that either make renewable energy from those sources […]
