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This report replaces the previous Peru Biofuels Annual report dated November 2, 2016. During 2017, ethanol production is forecast at 112 million liters, up slightly from 2016.
Export prices were steady over the past week. The Ministry of Energy is considering conducting a feasibility study on the use of non-food grade rice stocks for ethanol production.
Post maintained its 2016/17 production forecast at 101 million metric tons (mmt) due to a larger planted area and higher yields compared to last year.
A La Nina event is expected to sustain itself into early 2017, resulting in an early onset rainy season, and providing relief to Indonesia’s palm oil industry from the dryness...
Post forecasts the 2016/17 soybean production at a record 101 million metric tons. The export forecast for Marketing Year 2016/17 is 57 MMT despite the slower pace of commercialization.
A record Brazilian soybean crop of 101 million metric tons (mmt) is forecast for the 2016/17 MarketingYear (MY) as a result of a slight increase in planted area.
Japan’s current renewable energy policy focuses on generating power from solar, wind, and geothermal sources. Imports of wood pellets have been increasing for thermal power generation.
Local ethanol production is expected to increase through 2017 due to a modest buildup in capacity.
The Brazilian ethanol-use mandate remains unchanged at 27 percent (E27).
Colombia’s biofuel mandates remain unchanged resulting in little incentive to increase production or consumption.
Canada has had a federal mandate requiring five percent of the national gasoline pool to be renewable (ethanol) and two percent renewable content in diesel fuel.
The United States exported 836 million gallons of non-beverage ethanol in 2015, nearly all of which was used for fuel.