Biofuels

Brazil is the world’s second-largest ethanol and third-largest biodiesel producer but has yet to introduce renewable diesel or sustainable aviation fuel. Post forecasts total ethanol production at 32.5 billion liters in CY 2024, with cane ethanol forecast at 25.5 billion liters and corn ethanol production at seven billion liters.

The People’s Republic of PRC (PRC) bio-based diesel (BBD) exports are expected to drop following the EU provisional antidumping duties of up to 36.4 percent on biodiesel and hydrogenation-derived renewable diesel (HDRD), though sustainable aviation fuel will provisionally be excluded from further duties.

In 2023, consumption of bioethanol and biomass-based diesel (BBD) are estimated to have increased by respectively 4.5 percent to 6.58 billion liters and 0.6 percent to 17.98 billion liters. For bioethanol, the expansion is mainly due to gasoline fuel pool growth, while growth for BBD is entirely due to increased blending.

Japan ’s new biofuels policy will help promote a cleaner, more sustainable energy future and will expand U.S. ethanol producers’ producers’ access to the Japanese market.

The American agricultural sector posted its best export year ever in 2022 with international sales of U.S. farm and food products reaching $196 billion.

Foreign Agricultural Service Administrator Daniel Whitley led a USDA trade mission to the Philippines, July 18-21. He was joined by representatives from 29 U.S. agribusinesses and farm organizations and 10 state departments of agriculture, working...