December 27, 2021
BY Erin Krueger
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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.
XCF Global Inc., an emerging U.S.-based producer of renewable diesel and sustainable aviation fuel (SAF), on July 9 announced that its New Rise Renewables Reno facility has begun producing renewable fuels.
Aemetis Inc. July 9 announced that its ethanol and renewable natural gas subsidiaries have received funds from the sales of $18 million of Section 45Z clean fuel production tax credits.
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.