The government of Vietnam has announced a directive that promotes the usage of U.S. ethanol within the country. Emily Marthaler, director of global policy with Growth Energy, says the U.S. ethanol industry recently signed a memorandum of understanding with Vietnam’s largest petroleum distributor. “Currently they use a five percent blend in one of their grades…… Continue Reading
Soybeans were mixed, with nearby contracts down and deferred months up. Brazil’s harvest is close to 70% complete and harvest conditions are favorable in most of Argentina. Export demand for U.S. beans is slow, largely because of the South American price advantage. The USDA’s next set of supply, demand, and production numbers and CONAB’s updated…… Continue Reading