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Farm Progress America, August 7, 2019

Max Armstrong shares details about a program to expand soybean exports to the EU.

A program in the European Union may help some U.S. soybean farmers. EU member states will soon be required to fill energy needs with renewable sources, including transportation fuel. A new directive from the USSEC will source verified soybeans for production of biodiesel in Europe, helping reach targets. Bunge is participating, helping provide the U.S. soybean market chain with a new export opportunity. There are, however, some restrictions, and will apply to about 8 states to start with.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: BanksPhotos/Getty Images Plus

 

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