European Commission to use US soybeans in biofuels up to 2021

Last Tuesday, January 29, the European Commission confirmed that the United States soybean complies with the rules required for biofuel production and will be used until 2021. The determination, by agreement, between the President of the United States, Donald Trump, and the President of the European Union (EU), Jean-Claude Juncker.

This decision allows us to increase soybean exports, and the forecast is that this export can reach 2030, as the North American country is the main soy supplier for the EU.

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