Global Ag News For Jan 13.2026

TOP HEADLINES

Record Corn Crop Supports Ethanol Fuels, Renewable Group Says

USDA’s crop report confirming record-large crop in 2025 underscores the “pressing need” to get rid of regulatory obstacles that limit opportunities for corn-based ethanol, the Renewable Fuels Association said in a statement Monday.

• Congress should adopt legislation allowing year-round, nationwide sales of higher-ethanol E15 gasoline, according to the association
  • E15 fuel blend consists of 15% ethanol and 85% gasoline
• “These decades-old regulatory barriers are literally choking off demand and shortchanging America’s farmers,” Chief Executive Officer Geoff Cooper said in the statement

 

FUTURES & WEATHER

Wheat prices overnight are down 1 1/2 in SRW, down 3 1/4 in HRW, up 0 in HRS; Corn is down 3; Soybeans down 6 3/4; Soymeal down $2.20; Soyoil up 0.07.

For the week so far wheat prices are down 7 1/4 in SRW, down 6 3/4 in HRW, up 0 in HRS; Corn is down 26 1/4; Soybeans down 19 3/4; Soymeal down $7.40; Soyoil up 0.69.

For the month to date wheat prices are up 2 3/4 in SRW, up 8 3/4 in HRW, down 0 in HRS; Corn is down 21 3/4; Soybeans down 5 1/4; Soymeal down $3.30; Soyoil up 1.78.

Chinese Ag futures (MAR 26) Soybeans up 5 yuan; Soymeal down 10; Soyoil up 38; Palm oil up 138; Corn up 12 — Malaysian Palm is down 26.

Malaysian palm oil prices overnight were down 26 ringgit (-0.64%) at 4064.

There were no changes in registrations. Registration total: 34 SRW Wheat contracts; 120 Oats; 9 Corn; 563 Soybeans; 910 Soyoil; 204 Soymeal; 23 HRW Wheat.

Preliminary changes in futures Open Interest as of January 12 were: SRW Wheat down 1,272 contracts, HRW Wheat down 2,278, Corn up 44,360, Soybeans up 5,243, Soymeal up 5,159, Soyoil down 2,514.

 

DAILY WEATHER HEADLINES: 13 JANUARY 2026

• NORTH AMERICA: Above-normal temperatures are expected in the West and Plains, while the Southeast remains cold over the next five days. From day 6 to 15, colder weather will dominate most of the United States except West, with wetter conditions in the Central and Northern Plains and Upper Midwest, and drier conditions elsewhere.
• SOUTH AMERICA: The Pampas will stay cooler with above-normal rainfall across the central corn and soybean belts, while Brazil faces dry weather and warmer temperatures, with flood risks limited to the Southeast. Dry conditions remain a concern for both Brazil and the Pampas.
• EUROPE: Central Europe will see above-normal temperatures and Eastern Europe colder conditions over the next 10 days, followed by cold spells across both regions in the 11–15-day outlook. Wet weather is expected in Spain, France, and the U.K., while Eastern Europe and Germany remain dry.
• ASIA: Southeast and East Asia will experience mostly near-normal to cooler temperatures over the next 6–15 days, with mixed conditions in northern and southern India. Dry weather will prevail across Asia, except for limited wet spells in Central China.
• AFRICA: Wet spells may affect cocoa harvesting in southern West Africa, while flood risks remain limited to the corn belts of South Africa.
• TELECONNECTIONS: The Madden–Julian Oscillation (MJO) forecast indicates an active phase (6-7), which is expected to support increased weather activity across South America over the next 15 days.

 

DRY WEATHER CONCERNS CORN AND SOYBEAN PROGRESS ACROSS THE PAMPAS AND CENTRAL BRAZIL BELTS

What to Watch:

• Dry weather across the Pampas
• Dry weather across Central/South Brazil

 

Brazil – Rio Grande do Sul and Parana: Isolated to scattered showers north through Thursday. Scattered showers Friday. Temperatures near normal through Friday.

Brazil – Mato Grosso, MGDS and southern Goias: Isolated to scattered showers through Friday. Temperatures near normal through Wednesday, near to above normal Thursday-Friday.

Argentina – Cordoba, Santa Fe, Northern Buenos Aires: Isolated showers Tuesday. Mostly dry Wednesday. Scattered showers Thursday. Mostly dry Friday. Temperatures near normal Monday-Wednesday, below normal Thursday-Friday.

Argentina – La Pampa, Southern Buenos Aires: Isolated showers Tuesday. Mostly dry Wednesday. Scattered showers Thursday. Mostly dry Friday. Temperatures near normal Monday-Wednesday, below normal Thursday-Friday.

Northern Plains: Mostly dry Monday. Isolated showers Tuesday. Mostly dry Wednesday. Isolated showers Thursday-Friday. Temperatures well above normal through Thursday, near normal Friday. Outlook: Mostly dry Saturday. Isolated showers Sunday-Monday. Mostly dry Tuesday-Wednesday. Temperatures near to above normal Saturday-Wednesday.

Central/Southern Plains: Mostly dry Monday. Isolated showers Tuesday-Wednesday. Mostly dry Thursday. Isolated showers Friday. Temperatures above normal through Thursday, near to above normal Friday. Outlook: Mostly dry Saturday-Tuesday. Isolated showers Wednesday. Temperatures near to below normal Saturday, near to above normal Sunday-Tuesday, above normal Wednesday.

Midwest – West: Isolated showers Tuesday. Mostly dry Wednesday. Isolated to scattered showers Thursday-Friday. Temperatures well above normal Monday-Tuesday, near to above normal Wednesday-Friday.

Midwest – East: Mostly dry Monday. Isolated to scattered showers Tuesday-Friday. Temperatures well above normal Monday-Tuesday, near to above normal Wednesday, near to below normal Thursday, near to above normal Friday. Outlook: Isolated to scattered showers Saturday-Wednesday. Temperatures below normal Saturday-Wednesday.

 

The player sheet for 1/12 had funds: net sellers of 6,000 contracts of SRW wheat, sellers of 51,000 corn, sellers of 18,000 soybeans, sellers of 6,000 soymeal, and buyers of 5,500 soyoil.

TENDERS

• CORN SALE: The U.S. Department of Agriculture confirmed private sales of 514,000 metric tons of U.S. corn, with 310,000 tons for shipment to unknown destinations and 204,000 tons for shipment to South Korea – both for delivery in the 2025/26 marketing year.
• CORN SALE: Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) purchased around 68,000 metric tons of animal feed corn in a private deal on Friday without an international tender being issued, European traders said on Monday. It was expected to be sourced optionally from the United States, South America or South Africa.
• CORN SALE: The Busan section of the Korea Feed Association (KFA) in South Korea purchased around 66,000 metric tons of animal feed corn in a private deal on Friday without an international tender being issued, European traders said on Monday. The purchase followed a separate deal on Friday by the KFA’s Incheon section for around 68,000 tons of corn.
• CORN PURCHASE: Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has started buying animal feed corn in an international tender on Tuesday with about 65,000 metric tons purchased initially, European traders said. The tender seeks up to 207,000 tons and it is possible more could be bought, traders said.
• SOYMEAL PURCHASE: South Korean import group the Korea Feed Association (KFA) on Tuesday purchased about 60,000 metric tons of soymeal expected to be sourced optionally from South America, the United States or China, European traders said.

PENDING TENDERS

• CORN TENDER: South Korean group Cargill Agri Purina has issued an international tender to purchase up to 140,000 metric tons of animal feed corn, European traders said on Tuesday. It can be sourced from South America or South Africa only. The corn is sought in up to two consignments of 55,000 to 70,000 tons, for arrival in South Korea in May and June.
• SOYMEAL TENDER: Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 60,000 metric tons of soymeal sourced optionally from South America, the United States or China, European traders said on Tuesday.
• RICE TENDER: Iranian firm Jahad Sabz Company issued a tender to purchase 10,000 tons of rice sourced from Pakistan, according to a copy of the tender sent to European traders. The deadline for submission of price offers was December 30.
• RICE TENDER: South Korea’s state-backed Agro-Fisheries & Food Trade Corp issued an international tender to purchase an estimated 56,944 tons of rice to be sourced from China, European traders said. The deadline for price offers was December 30.
• WHEAT TENDER: Jordan’s state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat sourced from optional origins, European traders said. The deadline for price offers is January 13.
• FEED BARLEY TENDER: Jordan’s state grains buyer has issued an international tender to purchase up to 120,000 metric tons of animal feed barley, European traders said. The deadline for submission of price offers in the tender is January 14.
• FEED BARLEY TENDER: Turkey’s state grain board TMO has issued an international tender to purchase and import about 210,000 metric tons of animal feed barley, European traders said. The deadline for submission of price offers in the tender is January 15.

 

 

 

TODAY

US Inspected 1.49m Tons of Corn for Export, 1.53m of Soybeans

In week ending Jan. 8, according to the USDA’s weekly inspections report.

• Soybeans: 1,530k tons vs 984k the previous wk, 1,357k a yr ago
• Wheat: 317k tons vs 183k the previous wk, 311k a yr ago
• Corn: 1,490k tons vs 1,321k the previous wk, 1,441k a yr ago

 

US Corn, Soybean, Wheat Inspections by Country: Jan. 8

Following is a summary of USDA inspections for week ending Jan. 8 of corn, soybeans and wheat for export, from the Grain Inspection, Packers and Stockyards Administration, known as GIPSA.

• Soybeans for China-bound shipments made up 901k tons of the 1.53m total inspected
• Mexico was the top destination for corn inspections, Philippines led in wheat

 

China boosts wheat imports from Australia, Argentina on lower prices

• Shipments from Australia, Argentina leap in December
• China’s wheat demand has been subdued since 2024
• Sustained increase in Chinese demand would support prices
• Corn toxicity issues drive China’s import needs

Australia and Argentina exported around 620,000 metric tons of wheat to China in December, shipping data showed, and analysts and traders expect shipments to continue as Chinese buyers take advantage of low global prices.

The December shipments to China were the biggest from Australia since April 2024 and the most from Argentina since 1997, customs data from the countries showed.

The number of cargoes surprised some traders and suggests that China – the biggest importer of crops – is increasing its appetite for wheat after two large domestic harvests in 2024 and 2025 reduced its need for imports.

The December shipments were not big enough to lift wheat prices, but analysts said sustained large-scale Chinese buying in the months ahead could curb global oversupply and support the market.

“We’d heard they’d done a bit,” said a trader in Australia of the Australian shipments. “This amount is a complete sideswipe.”

At least eight ships carrying a combined 460,000 tons of wheat sailed from Australia for China in December, according to shipping information from grain traders and ports compiled by Bendigo Bank Agribusiness.

At least three vessels, with around 160,000 tons of wheat, left Argentina for China in December, according to port data and the Rosario grains exchange (BCR).

Shipping data does not necessarily show all cargoes so the real amount of exports could be slightly higher.

“We’re definitely seeing China buy,” said a trader in Australia. “Argie and Aussie will be the demand points based on pricing.”

Australia and Argentina are wrapping up large harvests. Wheat in Australia is now cheaper than barley, which is in high demand in China as animal feed, and Argentina’s wheat is even cheaper, three traders said.

“The potential is there,” said Lorena D’Angelo, an independent market analyst in Rosario. “If prices stay at these levels, Argentina is going to be able to keep on closing deals in China.”

That said, traders said China was not racing to buy.

Argentine and Australian shipping data list only one vessel that has loaded wheat for China in January, sailing from Argentina, which may mean a slower pace of exports this month, though several ships in each country are scheduled to carry wheat with no destination yet identified.

In the four years to June 2024, China imported on average nearly 1 million tons of wheat a month, dwarfing other importers, according to Chinese customs figures.

But shipments since then have slowed to around 300,000 tons a month, mainly milling wheat from Canada. Between December 2024 and February last year, Australia sent 240,000 tons to China and Argentina shipped none.

China needs imports in part because its record-large corn crop has high toxicity levels and must be mixed with clean grain before it can be fed to animals, said one trader in Australia.

Australia and Argentina should ship 1 to 2 million tons to China during December and January and could send as much as 5 to 6 million tons by mid-year, he said.

 

China’s Sinograin sells out soybean auction ahead of US shipments

China’s state stockpiler Sinograin sold all 1.1 million metric tons of soybeans offered at its fourth auction since December on Tuesday, traders said, as it moves to draw down inventories ahead of incoming U.S. shipments.

The imported soybeans, from the 2022–2025 crops, were sold at an average price of 3,811 yuan ($546.29) per ton, with deliveries scheduled mainly for March and April, the sources said.

“Some crushing plants are a bit short on soybeans for March and April so they are buying from government auctions,” said one oilseed trader in Beijing. “Overall, there is ample supply of beans in the market.”

Sinograin held three auctions in December – its first sales in three months – after a trade truce with Washington spurred increased U.S. soybean purchases.

Across those auctions, about 900,000 tons were sold out of roughly 1.5 million tons offered, although both average prices and clearance rates fell with each round.

China’s purchases from the current U.S. crop were estimated at between 8.5 million and nearly 10 million tons as of early last week, accounting for up to 80% of the 12 million tons that U.S. Treasury Secretary Scott Bessent said China had pledged to buy by the end of February.

Recent purchases by Sinograin have brought China closer to that target.

U.S. soybean shipments to China accelerated after months of stalled trade due to the tariff war, with Reuters reporting in December that at least six bulk vessels had been scheduled to load at Gulf Coast terminals.

Beijing does not publish official data on its grain and oilseed inventories, but traders estimate Sinograin is holding 40 million to 45 million tons of soybeans, enough to cover about five months of consumption.

 

Brazil 2025/26 Soy Harvest 0.6% Done as of Jan. 8: Agrural

Brazil’s 2025/26 soybean harvest reached 0.6% of planted area as of Thursday, data from consultancy AgRural show.

• Pace compares with 0.3% harvested at the same time last year
• Mato Grosso state leads harvest progress, with early activity also reported in Parana
• 2025/26 summer corn harvest reached 0.5% of sown area in the Center-South as of Thursday; pace compares with 1.3% a year earlier
• Planting of Brazil’s 2026 second corn crop has started in some areas of the Center-South, AgRural says
  • About 0.2% of the estimated area had been planted as of Thursday; a year earlier, no planting progress had been recorded at this stage

 

Ukraine Says Russia Attacked 2 Ships With Agricultural Products

Ukrainian Deputy Prime Minister Oleksiy Kuleba says Russian drones attacked one vessel under Panamanian flag that was waiting to enter port to load oil extracted from oilseeds.

• One crew member was injured, Kuleba says in post on Telegram
• Second ship was under flag of San Marino and leaving port with cargo of corn
• Kuleba doesn’t specify the direct locations of vessels
• NOTE: Russia attacks Ukraine’s Black Sea ports on regular basis

 

Russia’s IKAR lifts grain export forecast but warns of southern crop risk

Russia’s IKAR consultancy raised the country’s grain export potential for the 2025/26 season to 60.2 million metric tons from 57.8 million tons, but warned the target may not be met due to a poor crop in the south.

IKAR increased its wheat export forecast to 46.5 million tons from 44.1 million. The current grain marketing season ends on June 30, 2026.

Russia’s southern breadbasket regions, which have easy access to Black Sea ports, have suffered bad weather for two years in a row. Their lower output has been offset by bumper harvests elsewhere.

Central Russia and Siberia enjoyed better harvests in 2025, but their distance from main export terminals makes logistics costly and complex, IKAR said.

“We have doubts that this potential (for 2025/26) will be fully realized due to the peculiarity of this season, the lower share of the south in exports, which complicates logistics in an environment of low global prices,” said IKAR head Dmitry Rylko.

Russia’s statistics agency said on December 26 the country harvested 139.4 million tons of grain in 2024/25, up 11% from a year earlier and above the government’s updated forecast of 137 million tons.

The government said such a harvest would allow Russia to maintain its exports in the current season. The country exported 53 million tons of grain last season, including 44 million tons of wheat. Russia is the biggest global exporter of wheat.

 

Russian grain harvest could be up 8% in 2025

Russia’s grain harvest in net weight may exceed the previously projected 137mn tonnes in 2025, according to Interfax citing the Minister of Agriculture Minister Oksana Lut. This could make an 8% year-on-year increase as compared to 116mn tonnes in 2024.

The wheat harvest forecast for 2025 stands at 90mn tonnes. In 2024, Russia collected 125.9mn tonnes of grain, including 82.6mn tonnes of wheat.

As followed by bne IntelliNews, Russia is facing the worst harvest in five years in the current agricultural season and the grain output and export outlooks have been revised downwards.

But, according to Lut, Russia has “already collected about 148mn tonnes, or more precisely 147.8mn tonnes in bunker weight,” as cited by Interfax. Thus her estimate for the full-year harvest in net weight is about 137mn tonnes.

She noted that the issue of refraction (grain cleaning and drying) was key in 2025 due to difficult harvesting conditions. “There was a lot of moisture,” she explained.

Previously, the minister clarified that the total includes harvests from the “new regions”, according to Interfax, which means the grain harvested at the territories annexed and occupied during the full-scale military invasion of Ukraine.

 

Indonesia official says launch of B50 biodiesel depends on crude oil, palm oil prices

The launch of Indonesia’s B50 biodiesel mandate will depend on the price gap between crude oil and crude palm oil, a senior official said on Tuesday.

Indonesia, the world’s largest producer of palm oil, previously said it would start its B50 mandate, which requires a 50-50 blend of palm-based fuel and diesel, in the second half of 2026. The current mandate calls for biodiesel that is 40% palm-based.

The country subsidises its biodiesel programme using proceeds from palm oil export levies. The size of the subsidy depends on the difference between crude oil and crude palm oil prices.

“This year, the guidance from the president is to maintain B40,” said Airlangga Hartarto, the coordinating minister for economic affairs. “For B50, reviews are being continuously conducted and we must monitor the difference between crude oil and crude palm oil prices.”

“We are preparing for (implementation) in the second semester, however under current price conditions, the president’s directive is (to maintain) B40, but be ready for B50,” he added.

On Tuesday, Malaysian crude palm oil futures for February delivery had a premium of about $370 per metric ton over ICE Brent gasoil futures for February delivery, widening from a premium of about $300 in October and November last year.

Indonesia’s energy ministry allocated 15.65 million kilolitres of palm-based biodiesel for this year’s mandate, of which 7.45 million kilolitres will be subsidised by the country’s plantation fund.

Airlangga said tests are ongoing regarding the fuel’s impact on automotive engines.

An official with the energy ministry previously said Indonesia would likely increase its palm oil export levy.

A decision on the export levy could come in a few days, Airlangga said.

 

India’s palm oil imports drop to 8-month low as refiners shift to rival oils

India’s palm oil imports fell to an eight-month low in December, as refiners increased purchases of rival oils such as soyoil and sunflower oil amid weaker seasonal demand during the winter months, a leading trade body said on Tuesday.

Lower palm oil imports by India, the world’s largest buyer of vegetable oils, could lift inventories in top producers Indonesia and Malaysia, weighing on benchmark Malaysian palm oil futures, while lending support to U.S. soyoil futures.

India’s palm oil imports in December fell about 20% from the previous month to 507,204 metric tons, he lowest since April 2025, the Mumbai-based Solvent Extractors’ Association of India (SEA) said in a statement.

India imported an average of about 632,000 tons of palm oil each month during the marketing year that ended in October 2025, according to SEA.

Imports of soyoil rose 36% to 505,112 tons in December, the highest in three months, and sunflower oil imports were up about 145% to a 17-month high 349,929 tons, the SEA said.

Total vegetable oil imports rose 17% to 1.38 million tons, the statement added.

India buys palm oil mainly from Indonesia and Malaysia, and imports soyoil and sunflower oil from Argentina, Brazil, Russia and Ukraine.

“Palm oil demand was hit by seasonal slowdown during the winter months,” said a Mumbai-based dealer with a global trade house.

India’s palm oil imports typically moderate during the winter months, as the tropical oil solidifies at lower temperatures, limiting its use in northern parts of the country.

Palm oil’s discount to rival soyoil and sunflower oil has widened in recent weeks, which is expected to push India’s imports above 700,000 tons in January, the dealer said.

Soyoil and sunflower oil imports are likely to fall sharply in January, he said.

 

Malaysia 2026 Palm Output to Ease on Labor, Weather Risks

Malaysian palm oil production is seen easing to 19.5-19.8 million tons this year, with supplies constrained by the lack of plantation expansion, continued labor issues, and wetter weather, according to the Malaysian Palm Oil Board.

• Output in early 2026 will also be dragged by palm trees entering a resting cycle following strong yields in late 2025, Ahmad Parveez Ghulam Kadir, MPOB director general, said at an industry conference on Tuesday
• In 2026, Malaysia’s palm oil exports expected at 15.8-16m tons worth 110 billion ringgit ($27.1 million), end-stocks at 2m tons, and average price at 4,000-4,300 ringgit/ton
  • NOTE: Palm oil prices averaged 4,292.40 ringgit/ton in 2025
• Positive price outlook is expected to extend into 2026, supported by strong global food demand and a robust domestic biodiesel mandate: Parveez
• MPOB’s forecast takes into account the potential impact of the monsoon season, when prolonged rains, flooding cause waterlogging and limited field access, disrupting harvesting and transport of fresh fruit bunches, he said
• MPOB hopes Malaysia’s palm oil stockpiles will ease in the next 3 months due to increased export demand amid Ramadan and Lunar New Year festivals
• Lower export availability in Indonesia due to its biofuel policies is supporting Malaysia’s export prospects: Parveez
• 2025 production rose about 5% y/y to a record 20.3m tons, as labor shortages eased, partly due to special quota approvals by the government for foreign worker intake in the plantation sector
  • Labor productivity for harvesting strengthened to 1.5 tons per worker day, from 1.4 tons the year before
• Exports in 2025 were lower from a year earlier due to reduced uptake from India, China and EU
• Malaysia’s oil palm planted area rose 1.6% y/y to 5.7m ha in 2025, due to stronger replanting efforts

 

Malaysia Dec. Palm Oil Stockpiles Rise to 3.051m Tons: MPOB

Malaysia’s palm oil stockpiles rose to 3.051m tons in December from 2.84m tons in November, according to Malaysian Palm Oil Board.

• Palm oil production fell to 1.830m tons from 1.94m tons in November
• Palm oil exports rose to 1.317m tons from 1.21m tons in November

 

WHEAT/CEPEA: Imports are the highest in 12 years

Cepea, 12 – Low prices of wheat in the international market and high global supply favored imports from Brazil in 2025. The volume purchased last year was the highest since 2013, while prices in December/25 were the lowest since March/2020.

Data from Secex indicate that Brazil imported 698.74 thousand tons of wheat in December, the second highest amount of the year (below that verified in January/25, of 717 thousand tons) and the highest for the month of December since 2016. In the accumulated of 2025, imports totaled 6.894 million tons, 3.7% more than in 2024.

Exports, in turn, totaled 676.64 thousand tons in December, the highest volume since March/24. Sales amounted 2.32 million tons in 2025, downing 18% compared to 2024 and the smallest volume since 2021.

 

Malaysia to Set Reference Price for Used Cooking Oil in 1Q

Malaysia will introduce an official reference price for used cooking oil in the first quarter of this year, said Plantation and Commodities Minister Noraini Ahmad.

• The benchmark will provide clear price guidance for market participants, support fair trading, and protect small players from price manipulation, the minister said at an industry conference in Kuala Lumpur on Tuesday
• The reference price will be launched by the Malaysian Palm Oil Board and will be based on locally delivered prices of UCO
• Malaysia wants to make sure there’s a transparent mechanism on UCO pricing, said MPOB chair Mohamad Helmy Othman Basha
• Malaysia’s oil palm replanting rates are still very low, and delays will lead to lower yields and higher costs in the industry, she said, adding that national supply needs to be strengthened
• Mechanization at plantations is uneven and needs urgent expansion as industry remains dependent on manual labor
• Use of machines in fertilizer application is at 45%, fruit collection at 51%, while harvesting, the most labor-intensive activity, is only at 4%
• NOTE: Growing demand for UCO as a feedstock for biofuel has prompted Malaysia’s bourse to launch UCO futures
• NOTE: UCO plays an important role in Malaysia’s circular economy as it looks to reduce waste and turn by-products into resources

 

POET set to expand its Shelbyville, IN plant to double bioethanol production by 2027

The president and CEO of POET says an expansion of its Shelbyville, Indiana bioprocessing plant could create additional market opportunities for the state’s farmers.

Jeff Lautt says the facility is expected double its bioethanol production by 2027.

“It will produce about 193 million gallons,” he says. “That will produce about 500,000 tons of dried distiller’s grains. That would be 72 million pounds of corn oil as well. There will be 32 million bushels of additional corn demand in the area.”

He tells Brownfield the expansion will better position the company to meet rising biofuel demand.

“This is going to bring some great additional volume into the state and serve the growing E-15 market that we’re seeing there and in the surrounding states,” he says. “This just the beginning as we continue to build out supply capabilities.”

Lautt says construction will begin in March and is expected to be completed by the end of 2027.

 

 

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