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USDA maintains 2023-’24 forecast for soybean oil use in biofuel

November 28, 2023

BY Erin Krueger

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AFBF predicts increased farmer losses, calls on Congress provide market relief

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By Erin Krueger

July 21, 2026

Policy Feedstocks 

American Farm Bureau Federation President Zippy Duvall on July 16 sent a letter to congressional leadership calling for additional support for U.S. agriculture producers as AFBF analysis predicts farmer losses will deepen in 2027.

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Repsol, in collaboration with Toyota Motor Europe, BMW Group, and Bosch, on July 15 launched a pioneering six-month pilot project in Spain that will demonstrate the real-world potential of vehicles running on renewable gasoline.

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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.

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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.

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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.

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