From state-level adoption of low carbon fuel standards to companies like FedEx and Amazon making emission-reduction commitments to global conflicts putting petroleum-based fuel supplies in doubt, just about everything seems to be trending in favor of biodiesel at the moment.
And soybean crush rates reflect that enthusiasm, with crush levels at historic highs and promising to go even higher as many new plants come online in the coming months. To discuss what all of this means for producers, we’re sitting down this week with Progressive Farmer Crops Editor Matt Wilde. He’s been working on a deep dive into the biodiesel and soybean crush space, and brings us the latest on the issue, including the increased competition for acres, likely impacts on feed and exports, and what all of this could mean for farm revenue, income, and even basis.
We’ll dig into all of this, and hear what experts and farmers think the future might look like.