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On April 17, 2018, Japan’s Ministry of Economy, Trade and Industry (METI) announced a revision to its biofuel policy that creates a market opportunity for up to 366 million liters....
Post forecasts 2018/19 soybean production at 115 million metric tons (mmt), the second largest crop on record.
Brazil’s MY 2018/19 sugarcane crush is estimated at 628 mmt, a decrease of 11 million metric tons compared to the previous crop, mostly due to below average crop management and slower stock....
Higher rates of discretionary blending supported higher Canadian imports of U.S. fuel ethanol in 2016 and 2017.
Total EU oilseeds area and production in MY 2018/19 is forecast slightly upward due to increasing acreage of all three major oilseeds (rapeseed, soybean and sunflower).
Post forecasts 2017/18 production at 112.5 million metric tons (mmt), Brazil’s second largest crop after the record set on the previous season.
Ecuador is a promising market for the expansion of the demand for ethanol.