Brazil increases the amount of biodiesel in diesel fuel

Brazil is bringing forward its planned increase in the national mandatory blending of biodiesel with diesel fuel, meaning that the proportion of biodiesel in diesel will rise to 14% from March 2024 and to 15% from 2025. 70% of Brazilian biodiesel is produced from soybeans.

Further information:
https://www.reuters.com/markets/commodities/brazil-policy-council-approves-raising-biodiesel-mix-2023-12-19/