Latin America

August 16, 2018

ADM to acquire Brazilian oilseed facilities from Algar Agro

BY ADM Archer Daniels Midland Co. announced Aug. 16 that it has reached an agreement to purchase certain assets of Brazil-based Algar Agro, including oilseeds processing facilities in Uberlândia in the state of Minas Gerais, and Porto Franco in Maranhão. READ MORE

August 16, 2018

Global soybean production in 2018-’19 could reach record level

BY UFOP The USDA has raised its forecast considerably for 2018-’19 U.S. soybean production, now expecting a bumper crop. USDA projects world soybean production in 2018-’19 at 367 million metric tons, up 30 million tons year-on-year. READ MORE

June 21, 2018

Conventional soybean meal prices take a nosedive

BY UFOP Soybean meal prices have come down significantly since the beginning of May. Ample supply from Brazil, favorable growing conditions in the U.S. and an escalating trade dispute between China and the U.S. are putting downward pressure on prices. READ MORE

June 11, 2018

Bio Clean Energy SA wins $36M Bolivian biodiesel supply contract

BY Ron KotrbaBio Clean Energy S.A. announced that its Bio Petro Biofuels subsidiary has won a contract to supply up to 9.5 million gallons of biodiesel to the Bolivian government-owned Yacimientos Petrolíferos Fiscales Bolivianos in a public tender process. READ MORE

May 14, 2018

Valero acquires Pure Biofuels del Peru

BY Valero Energy Corp. Valero Energy Corp. has purchased Pure Biofuels del Peru, the third largest fuels importer in Peru. The transaction, funded with cash, also includes refined products terminals in in Callao, near Lima, and in Paita, near Piura in northern Peru. READ MORE

April 03, 2018

Last hurdle cleared in US biodiesel trade case as ITC votes 4-0

BY The National Biodiesel Board On April 3 the U.S. International Trade Commission voted 4-0 in favor of the National Biodiesel Board Fair Trade Coalition's position that the industry has suffered because of unfairly dumped imports of biodiesel from Argentina and Indonesia. READ MORE

March 28, 2018

ADM blames imports for cutting German biodiesel output

BY Ron KotrbaADM announced plans in March to temporarily cease production of biodiesel at its facility in Mainz, Germany, as a result of increased biodiesel imports into the EU. Last fall, looming imports caused France's Saipol to make a similar decision. READ MORE

March 05, 2018

Brazil implements B10 mandate a year ahead of schedule

BY Ron KotrbaBrazil's nationwide biodiesel mandate has increased from 8 to 10 percent on March 1, according to an announcement from the Ministry of Mines and Energy. The National Energy Policy Council approved the increase in December, one year ahead of schedule. READ MORE

February 21, 2018

US Department of Commerce issues final antidumping determination

BY The National Biodiesel Board The commerce department found that biodiesel imports from Argentina and Indonesia are sold into the U.S. below fair value, and the cash deposit requirements on imports from these countries will be updated based on the final amount of dumping found. READ MORE