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USDA and EXIM announce historic partnership to put American farmers first and boost exports

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By USDA

April 30, 2026

Policy Markets Feedstocks 

On April 29, the USDA announced an expanded partnership with the Export-Import Bank of the United States (EXIM) to increase domestic agricultural production and exports, while reducing the agricultural trade deficit. Alongside

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Kentucky Gov. Andy Beshear on April 27 signed legislation that creates a tiered tax credit for SAF that allows taxpayers to claim up to $3 per gallon in incentives. The credit is slated to be in effect from Jan. 1, 2029, through the end of 2034.

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BASF and Nutrien Ltd. have announced a collaboration that aims to make it easier for farmers to participate in low-CI biofuel programs, including those supported under the 45Z clean fuel production credit.

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Rep. Mike Carey, R-Iowa, has introduced the Strengthening Economic and Energy Development Act, a bill that aims to reinstate the $1 per gallon 40A biodiesel tax credit through 2029. Taxpayers could claim either the 40A credit or the 45Z credit.

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Roeslein Renewables announced its support for a new national push to secure a central role for American made biofuels in the future of global maritime shipping, following the company’s decision to sign onto a joint letter organized by the ABMI.

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Ethanol Producer Magazine announced this week the six companies selected to pitch to a panel of angel investors and venture capital firms at the International Fuel Ethanol Workshop & Expo, taking place June 2-4 in St. Louis, Missouri.

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The USDA’s Research, Education, and Economics (REE) Mission Area on April 23 announced a reorganization and leadership restructuring to better align its work with USDA priorities, improve operational efficiency, and deliver results more effectively.

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A coalition of groups representing ethanol producers, farmers, oil refiners and fuel retailers on April 23 sent a letter to members of Congress expressing support for a Farm Bill amendment that addresses E15 and reforms to the RFS SRE program.

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The American Biofuels Maritime Initiative, which includes members representing the ethanol and biogas industries, on April 23 sent a letter to U.S. Secretary of State Marco Rubio calling for strong U.S. leadership in IMO negotiations.

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The government of India on April 23 announced it has amended its Aviation Turbine Fuel regulations to allow SAF to be blended with fossil-based jet fuel. The change aims to reduce emissions and keep India aligned with the global supply chain.

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The House Committee on Rules on April 16 announced lawmakers could submit amendments that will be considered for the 2026 Farm Bill through April 22. Amendments focused on year-round E15 and the RFS were among those offered for consideration.

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Rep. Mariannette Miller-Meeks, R-Iowa, pressed U.S. Energy Secretary Chris Wright on his support for biofuels and the administration’s request to reduce DOE funding for renewable fuels by 98% during an April 16 congressional hearing.

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The USDA has announced the launch of the USDA National Proving Grounds Network for AgTech (NPG-Ag), a nationwide initiative designed to rigorously evaluate agricultural technologies under real-world U.S. farming and ranching conditions.

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Researchers at the U.S. Forest Service’s Southern Research Station and Louisiana State University have published a paper that investigates how the European Union Deforestation Regulations could alter global wood pellet trade patterns.

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The Minnesota House of Representatives Taxes Committee on April 8 heard testimony in support of a bill that aims to expand and extend the state’s existing sustainable aviation fuel (SAF) tax credit, which was established in 2023.

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U.S. EPA Administrator Lee Zeldin on April 17 announced the selection of new members to the Science Advisory Board, which consists of a chair and 36 members. Three of the selected members will also serve on the SAB Agricultural Sciences Committee.

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The U.S. EPA has approved a fuel pathway filed by Summit Next Gen LLC for the production of renewable diesel and SAF from undenatured sugarcane ethanol. The pathway was approved on Jan. 6 and publicly released by the agency on April 20.

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Nearly 1.93 billion RINs were generated under the RFS in March, up 1% when compared to March 2025, according to data released by the U.S. EPA on April 16. Total RIN generation for the first three months of the year reached nearly 4.9 billion.

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The U.S. EPA on April 16 published data showing no new small refinery exemption (SRE) petitions have been filed under the Renewable Fuel Standard in the past month. A total of 37 SRE petitions are currently pending.

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The global maritime industry's transition away from heavy fuel oil is no longer a question of if but of when — and with what fuels. The U.S. biofuels industry is exceptionally well-positioned to serve this transition in the near to medium term.

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President Donald Trump on April 13 signed the Small Business Innovation and Economic Security Act. The legislation reauthorizes the Small Business Innovation Research (SBIR) and Small Technology Transfer (STTR) programs.

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CoBank on April 8 released its latest quarterly research report, highlighting improved regulatory clarity for the biofuel industry with the release of the Renewable Fuel Standard “Set2” rule, which set 2026 and 2027 RFS RVOs.

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The California Senate Budget and Fiscal Review Committee’s Subcommittee 2 on Resources, Environmental Protection and Energy on April 9 heard testimony focused on California. Gov. Gavin Newsom’s proposed SAF tax credit.

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The USDA is formally rescinding a notice of funding opportunity issued in October 2024 for FY 2025, 2026 and 2027 Rural Energy for America Program funding. Any applicant without a fully executed financial assistance agreement will have to reapply.

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A new independent study commissioned by NATSO, SIGMA and NACS finds that the 40A Biodiesel Blenders' Tax Credit delivers significantly more value across the biofuel supply chain than its replacement, the 45Z Clean Fuel Production Credit.

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Reps. Michelle Fischbach, R-Minn., and Nikki Budzinski, D-Ill., on March 27 introduced the Biobased Materials Investment and Production Act, which aims to create tax incentives to support the production of biobased chemicals and materials.

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On April 7, U.S. Department of Agriculture Rural Development Montana State Director Bill Warden announced the agency is investing in the future of Montana’s biofuel industry through Beaverhead Tourism Council in Dillon, Montana.

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On March 31, the USDA Forest Service announced it will move its headquarters to Salt Lake City, Utah, and begin a sweeping restructuring of the agency to move leadership closer to the forests and communities it serves.

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Seeing investment tax credits (ITCs) for biomass projects come into effect is a welcome, long-overdue step for Canada’s forest sector. After years of uncertainty, the measure offers a starting point to restore investor confidence, according to FPAC.

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