Rep. Randy Feenstra, R-Iowa
November 19, 2024
BY Erin Krueger
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U.S. biofuel producers consumed an estimated 28.858 billion pounds of feedstock in January, down nearly 6% when compared to December and down slightly from January 2025, according to data released by the U.S. EIA on March 31.
Sustainable Molecules Ltd. and Velocys have commissioned a Fischer–Tropsch syncrude production system demonstrating that SuMo's waste-derived syngas can be converted into the liquid hydrocarbon precursors needed to produce SAF.
U.S. farmers intend to plant 84.7 million acres of soybeans this year, up 4% when compared to 2025, according to the USDA National Agricultural Statistics Service’s annual Prospective Plantings report, released March 31.
Neste has published its annual Green Finance Report for 2025. The report demonstrates the company’s commitment to producing renewable fuels and thereby mitigating climate change and accelerating a shift to a circular economy.
The U.S. EPA on March 27 announced the RFS cellulosic waiver credit (CWC) price for 2025 has been set at $1.91, up from $1.61 for 2024. The CWCs are being made available due to the agency’s decision to reduce the 2025 cellulosic RVO.