Browse Data and Analysis

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

The government reduced the biodiesel mandatory blend rate from 10 percent to 7 percent in 2022. However, the current blend rates during February 5 – March 31, 2022, were set in range with a minimum of B5 for diesel fuel to help curb retail prices of diesels.

As the 14th largest export destination, the United Kingdom (UK) has been an important and growing market for U.S. agricultural products. Shared heritage and cultural ties have continued to bolster U.S.-UK trade. The United States is the second largest UK agricultural supplier, behind the European Union (EU). The market presents many opportunities for intermediate and consumer-oriented products.

On Monday, March 21st, the Government of Brazil (GOB) decided to temporarily eliminate the import tariff of ethanol, as well as five other agricultural products (coffee, margarine, cheese, spaghetti, sugar, and soybean oil).

The Philippine Department of Agriculture (DA) will soon execute a $10 Million fuel subsidy program for farmers and fishers to reduce production costs (PhP500 Million).

Hot topics of the 19th international “Fuels of the Future” congress included the EU’s Green Deal and “Fit for 55” package, biofuels and its alternatives (e-mobility, hydrogen, electricity-based fuels); CO2 pricing; and market conditions for biofuels and their feedstocks.

Since January 2021, the Indian government has agreed, in principle, to install or upgrade nearly 200 grain-based ethanol production facilities. Cumulatively, these projects would potentially contribute an additional 8.59 billion liters in ethanol capacity per year, supporting India’s blending mandates while simultaneously diversifying its biofuel feedstocks.

Canada’s draft Clean Fuel Standard, published in December 2020, outlines the beginnings of a nationwide framework for adopting a carbon intensity approach for renewable fuels. The final regulation is expected to be published in Spring 2022.

FAS/Tokyo expects Japan’s imports of bioethanol to stay steady in line with Japan’s long-standing annual target for on-road biofuel of 500 million liters crude oil equivalent which is entirely fulfilled by bioETBE.

The Covid 19 pandemic not only affected biodiesel consumption, but also delayed the implementation of B20 mandate in Malaysia. Biodiesel production in 2021 is expected to drop by 16 percent to 1.05 billion liters, as exports are negatively impacted by the price of CPO at an all time high throughout 2021.

Ethanol consumption in Australia is forecast to decline in 2021 at only 1.1-percent of the gasoline pool, and biodiesel use similarly is forecast to decline from already very low levels at only 0.1-percent of the total diesel pool.

Post sees Philippine biofuels consumption partially recovering in 2021 due to the loosening of quarantine restrictions, as ethanol demand grows 9 percent to 570 million liters and biodiesel increases 9 percent to 175 million liters.