Tag: soybean

CoBank report concerned overbuilding soybean crush capacity out of step with demand

CoBank report concerned overbuilding soybean crush capacity out of step with demand

March 25, 2024 |

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 […]

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Brazilian soybean exports seen falling due to B14 mandate

Brazilian soybean exports seen falling due to B14 mandate

December 25, 2023 |

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 […]

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