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Brazil allows imported soy for biodiesel production

The Brazilian National Energy Policy Council on Nov. 18 published a resolution that allows imported soybeans and imported soybean oil to be used to produce biodiesel. It is unclear how long the resolution will remain in force. A report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network explains that soybean oil prices in Brazil have been spiraling…



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The price of vegetable oils reaches 6-year highs

Since the lows recorded in March and April of this year, the price of oilseeds has not stopped rising. Soybeans in Chicago broke the $ 10 per bushel ($ 367 / t) barrier in the closest contract, posting an increase of more than 20% from April lows. The recovery of the price of commodities and the financial markets has had…



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Brazil reduces biodiesel blend to 10% for September, October

The Brazilian government announced on Aug. 13 that the blend requirement for biodiesel sold at the pump will be temporarily lowered from 12 percent to 10 percent for the months of September and October. A statement published by the Brazlian National Agency of Petroleum, Natural Gas and Biofuels (ANP) said the reduction is necessary to ensure domestic supplies of diesel…



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US Leaves Anti-Dumping Duties in Place on Argentine Biodiesel

After a lengthy review, the U.S. Department of Commerce decided this week to leave duties in place on biodiesel imports from Argentina. Argentina's biodiesel industry received a second look from the U.S. Commerce Department in November 2018, on its decision to penalize the country's biodiesel exports to the United States with antidumping and countervailing duties. Such a review typically takes…



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Trump’s EPA yet again hurts farmers, biofuels in final RFS rule

The U.S. EPA released its final rule for the 2020 Renewable Fuel Standard and biomass-based diesel volumes for 2021. Disappointingly, the agency left the 2021 biomass-based diesel volumes at 2020 levels, or 2.43 billion gallons, while slightly increasing the 2020 advanced biofuel targets from its proposed 5.04 billion ethanol-equivalent gallons to 5.09 billion gallons - but this only provides growth…