The government of Indonesian President Joko Widodo has proposed more than tripling the subsidy for biodiesel in order to expand production and help the palm oil sector. Large Soybean Export Inspections Last Week Yesterday's USDA Export Inspection Report once again announced soybean exports last week were well above analysts' forecasts at a total of just under 1.7 MMT (1,697,852 MT) inspected. Analysts queried by Reuters had predicted a volume between 1.15-1.3 MMT.Inspections of soybeans destined for China alone for the week totaled 1,243,459 MT or near the upper end of analysts' estimates. Such a large inspections number for China should have reduced the concerns of those who have been suggesting that country would cancel a substantial vo...