Brazil’s soybean active crush capacity reaches nearly 20-year high

Brazil’s soybean processing capacity is likely to reach its highest active level in nearly 20 years by the end of 2024, driven primarily by positive margins and an increased mandatory biodiesel blend with diesel. According to S&P Global Commodity Insights, Brazilian crushing plants will close the year with an active capacity of 204,793 metric tons per day, representing 93.5% of…Brazil’s soybean processing capacity is likely to reach its highest active level in nearly 20 years by the end of 2024, driven primarily by positive margins and an increased mandatory biodiesel blend with diesel. According to S&P Global Commodity Insights, Brazilian crushing plants will close the year with an active capacity of 204,793 metric tons per day, representing 93.5% of…Read More