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The EU's Renewable Energy Directive is spurring demand for biofuels, but a series of actions have been imposed to stymie trade of bioethanol and biodiesel.
The Colombian government has communicated no clear vision for biofuels policies despite promises to increase blend mandates as new production facilities come online in 2015.
Canadian biofuel production remains below what Post estimates is needed to meet federal standards. Limited production makes it unlikely Canada will become a major player in the global ethanol market.
EU farmers are expecting a sizeable grain crop of 292 million metric tons in marketing year 2013/14.
The EU is highly dependent on imports of oilseeds and oilseeds products (protein meals and vegetable oils) to meet demand for food, feed and industrial uses, including biofuels production.
Post forecasts Brazil's 2013/14 soybean production at a record 85 million metric tons.
The ability of U.S. agricultural and food exporters to penetrate the growing EU market is constrained by tariff and non-tariff trade barriers and increased global competition.
Indonesia is one of the most dynamic growth markets for U.S. agricultural exports, with strong economic performance and rapid urbanization propelling changes in consumption and trade.