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Colombia’s ethanol consumption in 2024 is projected to increase to 728 million liters, mainly owing to the government’s restored 10 percent ethanol mandate (E10). Heightened ethanol demand is expected to be met through imports, primarily from the United States, despite the countervailing duty on U.S. fuel ethanol.
Thailand’s newly proposed National Energy Plan (NEP) lowered the on-road biofuel consumption target to reflect the lower mandated blend rate for biodiesel and set a target for Sustainable Aviation Fuel (SAF) from 2026.
In order to support the introduction of sustainable aviation fuel (SAF), the Ministry of Economy, Trade and Industry (METI) is going to hold expert committee meetings to discuss the framework of upcoming SAF regulations.
Government grain support policies will continue to expand, but resource constraints will hinder future Chinese grain production.
Post forecasts Brazil's 2013/14 soybean production at a record 85 million metric tons.
U.S. grains have seen mixed results in the Colombian market following enactment of the U.S.-Colombia Trade Promotion Agreement.