World Perspectives
soy-oilseeds biofuel

Oilseed Highlights: Brazil’s Soy Crop; WASDE Changes for Oilseed Sector; EU Rapeseed

Brazil’s Conab Raises Soybean Crop Estimate Conab, Brazil’s crop supply agency, today raised its estimate for that country’s 2018 soybean crop from 117 MMT to 118.05 MMT. This resulted from the increase in the average yield to a record 3.359 MT/hectare (49.9 bushels/acre). For comparison, production totaled 114.08 MMT in 2017.   WASDE Changes for Oilseed Sector USDA released the June WASDE and its latest supply/demand estimates today, which included several key changes for the oilseeds sector. Among them were the following: MY 2017/18

The U.S. soybean crush volume was raised 25 million bushels (0.68 MMT) to 2.015 billion bushels (54.84 MMT) based on the large volume processed thus far and good margins. U.S. s...

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biofuel energy

E15: What Does It Mean?

Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biofuel mandates and subsidies. The original framework for this policy was the Energy Independence and Security Act of 2007, which required the...

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