
SOURCE: USDA FAS
June 17, 2024
BY Erin Voegele
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The U.S. EPA on July 16 released data showing nearly 2.16 billion RINs were generated under the RFS in June, up 7% when compared to the same month of last year. Total RIN generation for the first half of 2026 reached 11.94 billion.
The American Soybean Association is urging the U.S. EPA to update its lifecycle analysis for soybean oil used to produce renewable diesel, arguing that current methodologies treat soybean oil differently than comparable feedstocks.
CoBank’s Knowledge Exchange on July 8 released a new quarterly report that discusses the current status of the Renewable Fuel Standard, indicating that this year’s level of blending could determine the future trajectory of the program.
The North American SAF Conference & Expo has expanded its agenda with the addition of a new Tuesday afternoon General Session featuring many of the industry's most influential leaders and organizations.
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.