Vegetable oil markets have staged a rebound, after the sell-down instilled largely by the recent announcement by US Environmental Protection Agency (EPA) on biofuel mandates.
Equilon Enterprises, a subsidiary of the Shell Oil company, is partnering with US agricultural business, S&W Seed Company, in a joint venture (JV) aimed at developing novel plant genetics for oilseed cover crops as feedstocks for biofuel production....
US weekly ethanol production has continued to increase over the past week, hitting 1033K barrels per day—the highest weekly level since late July, and highlighting increased demand from the biofuel sector, finds analysis from CRM Agri.
Farm income and market prices for corn and other crop commodities are directly linked to the health of the renewable fuel industry, say the governors of four US states; they are seeking funding for the biofuel sector during the COVID-19 crisis.