NEWS
Chris Clayton DTN Ag Policy Editor
Tue Sep 10, 2013 04:35 PM CDT

STREATOR, Ill. (DTN) -- Exploring three possible scenarios to meet the European Union's Renewable Energy Directive, the EU's Joint Research Centre found biofuel policies have a significant impact on the European and world price of vegetable oils.

The study released Monday, Sept. 9, says the use of vegetable oil for biodiesel would lead to a 50% increase in vegetable oil prices in Europe by 2020 and a 15% hike in those prices for the rest of the world. An 8% cap on first generation biofuels would see vegetable oil use for biofuels fall by 28% and tumble by 75% if ...

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