March 21, 2016
BY Sean Broderick, CHS Inc.
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A new economic analysis finds that EPA’s proposal to assign 50% of the RIN credits to imported biofuels and biofuels made from imported feedstocks compared to domestic would strengthen domestic soybean markets.
The USDA maintained its outlook for 2025-’26 soybean oil use in biofuel production in its latest WASDE report, released Dec. 9. The estimate for 2024-’25 soybean oil use in biofuel production was revised down.
The Ontario government on Dec. 9 announced it will invest $2.25 million through the Forest Biomass Program to help CHAR Technologies commercialize the production of biocoal, a low-carbon fuel made from forest mill byproducts and underused wood.
The USDA on Dec. 8 announced it will make $12 billion available in one time bridge payments to U.S. farmers in response to temporary trade market disruptions and increased production costs. The payments are expected to be released by Feb. 28, 2026.
U.S. manufacturers produced approximately 940,000 tons of densified biomass fuel in August, according to the latest edition of the U.S. EIA’s latest Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 940,000 tons.