The International Grains Council (IGC) raised its forecast for 2023-24 global corn production, with an improved outlook for Ukraine’s crop only partially offset by a downward revision for China.
Brazilian food and fuel processor Caramuru Alimentos, one of the country’s largest grain crushers, has started selling soybean-based ethanol at one of its plants in center-western Brazil.
The letter also mentions a lawsuit filed by the Attorney Generals of Iowa and Nebraska to compel EPA to finalize its action within the designated time frame, which is currently well past due.
World oil demand will reach a record 102.2 million barrels per day (bpd) in 2023, up 2.2 million bpd from last year, the International Energy Agency forecast, driven by strong consumption in China and other regions.
