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Shining Light on Farm & Food Policy for 20 Years.
Saturday, July 27, 2024
The renewable diesel boom driven by a slate of federal and state policies has brought with it a surge in demand for imports of animal fats and vegetable oils to be used as feedstocks that could continue growing in 2025 as tax credits shift to incentivize in-country production of the fuel.
Groups representing producers of U.S. row crops are far from united on what Congress should do to improve commodity programs, even as the House and Senate Agriculture committees look to start writing a new farm bill in coming weeks.
Chinese officials have given their blessing to a handful of strains of alfalfa, canola and other crops, offering a sense of optimism that the wheels may be turning on the country’s notoriously slow approval process.
When the Russian military invasion cut off Ukraine’s ability to export sunflower oil and wheat, it helped push “a cascading food crisis around the world,” according to a spokeswoman for the U.S. Agency for U.S. Agency for International Development. Now Indonesia, which last week banned the export of palm oil, is exacerbating the conditions that are driving global shortages and price spikes of vegetable oil.
The Environmental Protection Agency is proposing to allow canola oil to be used as a feedstock for renewable diesel and sustainable aviation fuel, potentially providing a new alternative to soybeans at a time when vegetable oil prices are skyrocketing worldwide.
BASF has completed its acquisition of most of the businesses and assets from Bayer that the company was required to divest as part of its purchase of Monsanto.
WASHINGTON, Oct. 13, 2017 – Bayer has agreed to sell significant parts of its seed and non-selective herbicide businesses to BASF for nearly $7 billion, part of Bayer’s plans to divest the assets as it prepares to acquire Monsanto.
