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USDA: No actions expected under Feedstock Flexibility Program

PHOTO: USDA

April 4, 2019

BY Erin Krueger

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Senate Ag Committee releases draft Farm Bill

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By Erin Krueger

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The Senate Ag Committee on June 23 released a Farm Bill 2.0 discussion draft. The legislation includes a major revamp of the Section 9003 loan guarantee program, including language allowing grants of up to $10 million for certain eligible projects.

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The USDA on June 18 released data showing the cost of soybean production is expected to increase more than 4% this year, reaching $$683.89 per acre. Per-acre costs are currently expected to expand by an additional 3% in 2027.

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European Energy joins Kvasir Technologies as a new investor and strategic partner alongside EIFO, Mærsk Growth and Footprint Fund. The Series A round provides capital to develop and design a new commercial production plant.

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Petrobras on June 19 announced its board of directors has approved a $1.2 billion project to produce sustainable aviation fuel (SAF) and renewable diesel at its existing Presidente Bernardes Refinery (RPBC), located in Cubatão, São Paulo, Brazil.

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Worley has completed the front-end engineering and design (FEED) for Alfanar’s Lighthouse Green Fuels sustainable aviation fuel (SAF) project in Teesside, U.K. A final investment decision on the project is expected next year.

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