In Brazil, Globo Rural reported that Brazil currently has the capacity to crush more than 100 million tons of soybeans and produce enough oil to meet the 20% biodiesel blend requirement (B20). “If Brazil wants, it can produce B20 today. It has soybeans and it has industry. The issue is how to allocate the additional volume of soybean meal without depressing commodity prices,” said Daniel Furlan Amaral, director of economics and regulatory affairs at the Brazilian Association of Vegetable Oil Industries (Abiove).
He noted that the sector has already announced investments for 37 new soybean crushers and 27 biodiesel plants . Abiove estimates an increase in soybean biodiesel production from 7.1 million cubic meters in 2025 to 16 million cubic meters in 2035, and an increase in soybean crushing for biodiesel from 30 million tons to 54 million tons in ten years.
In addition to the demand for biodiesel , there is the search for soybean oil to produce other biofuels , such as sustainable aviation fuel (SAF) and bunker fuel for ships, the report added.
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Category: Food & Agriculture
