Regional News The EU Commission reported that the favorable weather conditions across most of Europe “allowed farmers to make good progress” harvesting 2021 summer crops and planting 2022 winter crops. The Commission increased its forecast of summer crop yields, with the 2021 EU maize yield now pegged at 7.79 MT/ha and the soybean yield at 3.0 MT/ha.
The EU Commission’s recent report also noted that wet weather in France, Belgium, Greece, and southern Bulgaria have delayed the harvest of summer crops and – WPI infers – raised some yield risks consequently. Conversely, drought in Romania has only been partly offset by early October rains and winter crop planting and emergence remain “subopt...
What You Need to Know Today: Record biofuel demand continues to support soyoil values, as EIA data show that May soyoil usage as a biofuel feedstock reached a record 1.434 billion pounds. The latest data reinforces the strength of renewable fuel demand and helps explain ongoing investment in a...
Key Takeaways: Soyoil consumption as a biofuel feedstock climbed to a record 1.434 billion pounds in May, setting a new all-time monthly high. Improved 45Z policy clarity in February 2026 has supported stronger soyoil demand from the biofuel sector by providing producers with greater certainty...
