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EIA: Biodiesel production at 1.817 billion gallons in 2020

U.S. biodiesel production reached 159 million gallons in December 2020, up from 151 million gallons the previous month and up from 133 million gallons in December 2019, according to data released by the U.S. Energy Information Administration on Feb. 26. Production came from 85 biodiesel plants with a combined capacity of 2.5 billion gallons per year. Production for the full…



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Virus hobbles Argentina’s biggest soy exporters – with harvest nearing

The world’s biggest exporters of soybean meal and oil are fending off a slew of logistical hurdles as they rush to get ready for the impending harvest in Argentina. For the Latin American nation’s soy industry, it’s the toughest start to a harvest in recent memory. Farmers and exporters are bidding to crush beans and ship tens of millions of…



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Argentine soymeal plants hit by massive cut in beans supplies, export chamber says

Soybean deliveries to crushing plants have been severely cut in Argentina, the world’s top supplier of soymeal livestock feed, as the country reacts to the coronavirus pandemic, the local grains export industry chamber said on Tuesday. More than 70 municipalities throughout the country are enforcing anti-coronavirus measures by controlling the movement of farm produce through their jurisdictions, according to data…



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Argentina expected to increase commodity export taxes

On December 10th Argentina will inaugurate a new President, Alberto Fernandez, and a new vice President, Cristina Kirchner. Not much is known about President Elect Fernandez's potential future economic policies, but we know a lot about Vice President Kirchner's economic policies in the past when she was president for two terms and that is why the agricultural sector is very…