Browse Data and Analysis

Post forecasts 2016/17 soybean production at 103 million metric tons (mmt), an increase of three percent compared to the current season.

On March 23, 2016, legislation was signed into law to increase Brazil’s biodiesel-use mandate from the current 7 percent, to 10 percent by 2019.

Post increased its forecast for Brazil’s 2015/16 soybean production to a record 100 million metric tons (mmt).

South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.

Post forecasts the 2015/16 soybean production at a record of 98.5 million metric tons despite the slow planting start for the second year in a row in the center-west region.

Colombian biofuels production cannot fulfill policy expectations as a result of production deficiencies and insular policies that restrict trade.

Lower rates of discretionary blending are expected to result in lower ethanol production and lower imports of U.S. ethanol for 2015 and 2016.

Paraguayan ethanol production is forecast to reach a record 215 million liters in 2016. This is a result of expected larger sales of gasoline as the local economy continues to expand.

In February 2015, the government of Brazil (GOB) raised federal taxes (CIDE and PIS/COFINS) on gasoline to R$ 0.22 /liter, which increased the competiveness of ethanol relative to the fossil fuel.

On May 13, 2015, Ecuador President Rafael Correa signed Executive Decree 675. The decree doubles to ten percent the ethanol blend rate in Ecuadorian regular grade (87-octane) gasoline.

Ethanol production for calendar year (CY) 2016 is forecast at 160 million liters, a 33 percent reduction from our CY 2015 estimate.

Argentine bioethanol production and consumption for 2016 are forecast up at a record 900 million liters.