
July 7, 2023
BY Erin Krueger
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Moore County Economic Development Partnership, Ecostrat and the BDO Zone Initiative are pleased to announce the issuance of a BDO Zone ‘A’ Rating for Moore County, North Carolina. The BDO Zone is rated for 925,000 bone dry tons per year.
The U.S. EIA reduced its forecast for 2027 renewable diesel production in its latest Short-Term Energy Outlook, released Nov. 10. The 2027 production forecasts for biodiesel and other biofuels, including SAF, were unchanged.
Bunge and GDM on Nov. 10 announced a strategic joint venture, Enerseed, to develop high-quality, novel oilseeds as feedstocks for biofuels. The JV will focus on developing a portfolio of promising, non-traditional oilseeds.
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 Nov. 10. The estimate for 2025-’26 soybean oil use in biofuel production was revised up.
The USDA raised its forecast for 2026 soybean production in its latest Crop Production report, released Nov. 10. The agency now predicts soybean production for beans will reach a record-high 4.57 billion bushels.