Production of biodiesel fuel in Brazil, the European Union, Indonesia, and the United States has grown by nearly 40 percent over the past five years, driven largely by subsidies and government mandates. Government regulations aimed at reducing greenhouse gas emissions have also boosted demand for vegetable oils and created new markets for used cooking oils (UCO), altering commodity trading patterns and price dynamics. The seminar will present overviews of the global vegetable oil market and the market for used cooking oil for fuel, followed by a moderated expert panel discussion representing views from across the globe. A question and answer session will follow.
Overview of the Global Vegetable Oil Market
- Di Yang, Economist, Food and Agriculture Organization of the United Nations (FAO) (Presentation)
Overview of the Global Market of Used Cooking Oil
- Pierre Charlebois, Private Consultant, former Agriculture and Agri-Food Canada (AAFC) (Presentation)
Discussion
Moderated by Monika Tothova, Senior Economist, Food and Agriculture Organization (FAO); Agricultural Market Information System (AMIS) Secretary and Joseph Glauber, Research Fellow Emeritus, IFPRI
- Brazil Soybean Market: Eduardo Vanin, Proprietário, Agrinvest Commodities
- Indonesia Biodiesel Mandates: Jasmine Osinski, Agricultural Attaché, United States Department of Agriculture (USDA)/Foreign Agricultural Service (FAS)—Jakarta
- US Biodiesel Market: Scott Gerlt, Chief Economist, American Soybean Association (ASA)
- EU Biodiesel Market: Mohamed El-Fatih Abu-Samra, Market Officer, DG Agriculture and Rural Development, European Commission (EU)
Moderator
- Donald Boucher, Director General, Sector Development and Analysis Directorate, Agriculture and Agri-Food Canada (AAFC); Agricultural Market Information System (AMIS) Chair