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The new 20-year AEDP (2018 – 2037), which was approved by the Cabinet on April 30, 2019, is likely to lower the biofuel consumption target.
Biodiesel production in 2019 is expected to increase by roughly 36 percent (compared to the previous year) to 1.69 billion liters due to increases in domestic use and exports.
Japan’s annual biofuel target of 500 million liters (crude oil equivalent) for the transport sector was reached on time in 2017 and continues unchanged this year.
On March 18, 2015, the Dutch energy sector and NGOs agreed upon the sustainability criteria for biomass. On March 30, these requirements were laid down in official Dutch legislation.
The United States exported a record $9.7 billion of forest products in fiscal year 2014. Among U.S. agricultural exports, only corn and soybeans had higher export values.
Canada's oilseed production (canola, soybeans and sunflowers) for 2015/2016 is forecast to increase a marginal two percent, assuming normal yields, to 22.1 million metric tons (MMT).
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).
In a time of tight margins due to lower commodity prices, only soybeans make financial sense.
FAS/Brasilia forecasts 2015/16 soybean production at 94 million metric tons (mmt) despite a drop in planted area to 31.1 million hectares, a decrease of one percent compared to 2014/15.
Taiwan’s demand for soybean meal continues to be the driving force behind Taiwan’s demand for imported soybeans.