July 13, 2021
BY Erin Voegele
The Brazilian government on July 12 announced plans to boost the mandatory biodiesel blend rate to 12 percent, up from the current blend rate 10 percent, but below the statutory target of 13 percent.
Brazil lowered the biodiesel blend rate to 10 percent in 2020, citing an insufficient supply of the fuel, unexpected demand for diesel fuel, and high soybean prices.
In its latest announcement, the Brazilian Ministry of Mines and Energy explained that the move to a 12 percent blend rather than a 13 percent blend is expected to help avoid excessive increase in the retail price of diesel.
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U.S. farmers are expected to plant 83.5 million acres of soybeans in 2025, down 4% when compared to last year, according to the USDA National Agricultural Statistics Service’s annual Prospective Plantings report, released March 31.
Agriculture Secretary Brooke Rollins on March 31 visited Elite Octane LLC, a 155 MMgy ethanol plant in Atlantic, Iowa, to announce the USDA will release $537 million in obligated funding under the Higher Blends Infrastructure Incentive Program.
ADM and Mitsubishi Corp. on March 27 announced the signing of a non-binding memorandum of understanding (MOU) to form a strategic alliance to explore potential areas of future collaboration across the agriculture value chain.
The International Air Transport Association has established the Civil Aviation Decarbonization Organization to manage the IATA-developed Sustainable Aviation Fuel (SAF) Registry when it is released.
LRQA, the leading global assurance partner backed by Goldman Sachs Alternatives, has acquired EcoEngineers, a U.S.-based consulting, auditing and advisory firm with an exclusive focus on the energy transition.