In Germany, UFOP sees sustainable agriculture and climate protection as losers and calls for fast action because soybean prices are on a downward slide all across the globe. The reason is both large harvests in Argentina and Brazil and the trade dispute between the US and China, according to UFOP, which has voiced concerns that […]
In Germany, UFOP reports that because of the U.S. trade dispute with China and the resulting limited export potential, U.S. farmers are growing fewer soybeans. In most U.S. states, farmers have likely planted fewer soybeans in 2019. This assumption is based on figures published by the USDA, which expects the 2019 US soybean area to […]
In China, Platts reports that bids and offers for US origin ethanol are being heard after practically no trade since July due to the ongoing, but potentially easing, trade war between the US and China. Bids were offered for $450-460/ton CFR China while an offer was made for $510/ton CFR China for prompt shipment of […]
In Belgium, industry is urging the European Commission to sign free trade deal with the Mercosur countries next week before Brazil heads into election season and puts the agreement on hold yet again. Mercosur is still seeking a higher ethanol quota than had been offered previously, a move resisted by the European ethanol industry. Sugar, […]
In Washington, the USDA’s Economic Research Service has released a new report looking at the importance of international trade for biofuels. The report looks at the rise and fall of the Brazilian ethanol industry, opportunities for US exports driven by sinking demand at home, looking at other destinations for US exports when the EU market […]
In the Netherlands, Europe’s most important port for the handling, storage and production of biofuels—Rotterdam—saw the throughput of these products down 15% in 2014 compared to 2013, representing a decrease to 3.8 million tons. This is primarily due to a decrease in imports of biodiesel from Indonesia and Argentina as a result of extra import duties […]
In Indonesia, the country’s president has asked the outgoing European Commission president specifically to help lower the barriers against his country’s palm oil products, primarily to help support farmers benefit from export trade. Palm oil exports accounted for more than 10% of the country’s overall exports in 2013. The EU president said he would take […]
In the US, the Department of Commerce’s International Trade Administration will allow federally-registered lobbyists to be nominated for its renewable energy and energy efficiency advisory committee, which the group is reestablishing. Members will serve a two-year term to advise the secretary on the development and administration of programs and policies to expand the competitiveness of […]
In Indonesia, the country is looking to set up new trade hubs for its palm oil in an attempt to reduce its reliance on traditional hubs in China, the EU and India. Potential sites include Turkey and Macedonia. Malaysia’s new preferential trade agreement with Turkey is set to come into effect this month, reducing import […]
In Brazil, a joint trade mission to improve biofuel trade between the US and Brazil has been announced, and will be sponsored by the Renewable Fuel Association (RFA), the Advanced Biofuels Association (ABFA) and the Brazilian Sugarcane Industry Association (UNICA). 15 companies will be selected to participate on the mission, which will be held from […]
