August 28, 2014
BY Jason Sagebiel, FCStone
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U.S. manufacturers produced approximately 950,000 tons of densified biomass fuel in July, according to the latest edition of the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 970,000 tons during the month.
The U.S. exported 894,320.3 metric tons of wood pellets in August, down from 979,282.7 metric tons in July, but up from 775,860.8 metric tons in August 2024, according to data released by the USDA Foreign Agricultural Service on Aug. 19.
The USDA maintained its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Nov. 14. The estimate for 2024-’25 soybean use in biofuel production was reduced.
The USDA National Agricultural Statistics Service on Nov. 14 released its latest Crop Production report, predicting record-setting soybean yields. The agency reduced its forecast for soybean production.
The U.S. EIA maintained its forecasts for 2026 renewable diesel and biodiesel production in its latest Short-Term Energy Outlook, released Nov. 12. The 2026 outlook for “other” biofuel production, which includes SAF, was reduced.