IFPRI Policy Seminar | Biofuels and the Global Vegetable Oil Market

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.


Timecodes:
00:00 -- Standing By
08:13 -- Introductory Remarks by Donald Boucher, Director General, Sector Development and Analysis Directorate, Agriculture and Agri-Food Canada (AAFC); Agricultural Market Information System (AMIS) Chair
10:41 -- Overview of the Global Vegetable Oil Market by Di Yang, Economist, Food and Agriculture Organization of the United Nations (FAO)
27:31 -- Overview of the Global Market of Used Cooking Oil by Pierre Charlebois, Private Consultant, former Agriculture and Agri-Food Canada (AAFC)
43:21 -- Panel Introduction by Joseph Glauber, Research Fellow Emeritus, IFPRI and co-moderated by Monika Tothova, Senior Economist, Food and Agriculture Organization (FAO); Agricultural Market Information System (AMIS) Secretary
45:03 -- The Brazil Soybean Market by Eduardo Vanin, Proprietário, Agrinvest Commodities
49:10 -- The EU Biodiesel Market by Mohamed El-Fatih Abu-Samra, Market Officer, DG Agriculture and Rural Development, European Commission (EU)
56:45 -- Indonesia Biodiesel Mandates by Jasmine Osinski, Agricultural Attaché, United States Department of Agriculture (USDA)/Foreign Agricultural Service (FAS)—Jakarta
1:06:27 -- The US Biodiesel Market by Scott Gerlt, Chief Economist, American Soybean Association (ASA)
1:12:44 -- Q&A Co-moderated by Joseph Glauber, Research Fellow Emeritus, IFPRI and Monika Tothova, Senior Economist, Food and Agriculture Organization (FAO); Agricultural Market Information System (AMIS) Secretary
1:38:03 -- Closing Remarks by Joseph Glauber, Research Fellow Emeritus, IFPRI