
SOURCE: CoBank
March 27, 2024
BY Erin Voegele
Advertisement
Advertisement
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.
Calumet Inc. on Nov. 6 announced Montana Renewables delivered record high earnings for Q3. During an earnings call, company officials discussed the ongoing MaxSAF initiative and a related asset lease agreement announced Nov. 5.
Aemetis Inc. released third quarter results on Nov. 5, reporting increased revenue and higher RNG and ethanol sales. During an earnings call, company officials highlighted ongoing improvement projects and the impact of 45Z credits.
Ara Partners, a global private equity and infrastructure firm focused on the energy and industrial transition, has acquired a majority interest in Pacific Ag, North America’s largest crop residue supply and logistics company.