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As the 14th largest export destination, the United Kingdom (UK) has been an important and growing market for U.S. agricultural products. Shared heritage and cultural ties have continued to bolster U.S.-UK trade. The United States is the second largest UK agricultural supplier, behind the European Union (EU). The market presents many opportunities for intermediate and consumer-oriented products.
On Monday, March 21st, the Government of Brazil (GOB) decided to temporarily eliminate the import tariff of ethanol, as well as five other agricultural products (coffee, margarine, cheese, spaghetti, sugar, and soybean oil).
The Philippine Department of Agriculture (DA) will soon execute a $10 Million fuel subsidy program for farmers and fishers to reduce production costs (PhP500 Million).
Hot topics of the 19th international “Fuels of the Future” congress included the EU’s Green Deal and “Fit for 55” package, biofuels and its alternatives (e-mobility, hydrogen, electricity-based fuels); CO2 pricing; and market conditions for biofuels and their feedstocks.
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).