Key Takeaways:
Indonesia will raise its biodiesel mandate from B40 to B50 on 1 July, increasing palm oil–based diesel blending to 50 percent. The policy supports domestic palm oil demand and reduces reliance on imported diesel. Indonesia’s biodiesel program has steadily expanded since 2008 as infrastructure and engine compatibility have improved. Higher domestic palm oil consumption will tighten global export availability and support vegetable oil markets. Reduced palm oil exports could narrow its discount to other oils, supporting soyoil, canola oil, and sunflower oil prices. Palm oil is typically the cheapest of the four major vegetable oils because it has the highest global production and is high in saturated fats. Price-sen...
Corn Argentina Argentina's corn harvest continued to advance at a moderate-to-slow pace, constrained by high moisture levels in both the grain and the fields. Harvest delays remain concentrated in the remaining early-planted corn in central and southern Buenos Aires. To date, harvesting has rea...
