
April 26, 2024
BY U.S. Department of Energy
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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.
The U.S. EIA maintained its 2026 production forecasts for renewable diesel and a category of fuel that includes SAF in its latest Short-Term Energy Outlook, released July 7. The outlook for 2026 biodiesel production was revised down.
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.