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May 13, 2014
BY Jim Dukart
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The USDA maintained its forecast for 2026-’27 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released July 10. The outlook for soybean oil pricing was unchanged.
Biochar and biocarbon markets are expanding rapidly, but future growth will depend on identifying the right feedstocks for the right applications while balancing cost, performance, availability and carbon intensity.
The U.S. Department of Agriculture on June 25 announced a final rule establishing technical guidelines for the production of regenerative agricultural biofuel feedstocks, a framework intended to help farmers market crops produced using qualifying regenerative practices into biofuel supply chains.
The European Parliament on July 8 voted to reject a proposed EU regulation that would have phased out the use of soybean oil as a biofuel feedstock by 2030. Representatives of the EU’s biobased diesel industry applauded the decision.
USDA’s is scheduled to publish a final rule in Federal Register on July 9 altering the Section 9003 loan guarantee program to bar any borrower or guarantor from remaining involved in a project if it results in a monetary loss to the agency.