Brazil’s Biodiesel Boom Soaks up Soybean Oil, Reducing Availability for Exports
By Samyak Pandey (S&P Global) Surging biodiesel production in Brazil tightens global vegetable oil markets; Palm oil output projected to edge up, but export availability expected to shrink; Global oilseed market undergoing significant shifts -- Surging biodiesel production in Brazil is diverting soybean