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USDA predicts 3% increase in soybean acreage for 2024

March 28, 2024

BY Erin Voegele

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November WASDE reduces estimate for 2024-’25 soybean oil use in biofuel production

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By Erin Krueger

November 18, 2025

Feedstocks 

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.

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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.

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With support from Minnesota Corn, University of Minnesota Professor of Chemical Engineering Paul Dauenhauer is exploring the corn-to-methanol pathway for biofuels, which could be used to produce SAF.

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The National Oilseed Processors Association and the American Soybean Association on Nov. 12 sent a joint letter to President Donald J. Trump, urging the administration to finalize key biofuel policies.

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U.S. operable biofuel production capacity expanded by 237 MMgy in August, with gains for ethanol and renewable diesel, according to data released by the U.S. EIA. Biofuel feedstock consumption was up when compared to the previous month.

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