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USDA predicts 3% decrease in soybean production for 2023

September 12, 2023

BY Erin Krueger

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EIA: US biofuel capacity up slightly in July

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Total U.S. operatable biofuels production capacity expanded by 38 MMgy in July, with gains for both ethanol and renewable diesel, according to data released by the U.S. Energy Information Administration on Sept. 30.

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U.S. biofuel producers consumed 31.275 billion pounds of feedstock in July, up nearly 3% when compared to June and up nearly 7% when compared to July 2025, according to data released by the U.S. Energy Information Administration on June 30.

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The Cardano Foundation, the independent, Swiss-based not-for-profit organization dedicated to advancing Cardano as public digital infrastructure, on Sept. 30 announced two new initiatives with Petrobras.

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The USDA on Sept. 30 published a final rule that fundamentally changes the structure and administration of REAP. The program will now require projects to be fully built and operational before an application can even be filed.

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Old crop soybean stocks in all positions as of Sept. 1 were at 315 million bushels, down 3% when compared to the same period of 2025, according to the USDA’s latest quarterly Grain Stocks report, released Sept. 30.

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