May 28, 2015
BY USDA
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RevaTerra, an advanced materials company engineering natural residuals into industrial-grade bioenergy products, on Nov. 11 announced the final close of an oversubscribed $1.265 million seed financing.
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 Aug. 12. The estimate for 2025-’26 soybean oil use in biofuel was revised up.
The Senate Agriculture Committee on Aug. 6 failed to advance the Agricultural Act of 2026, commonly referred to as the Farm Bill. Committee members are expected to continue work on the legislation when the Senate reconvenes in mid-September.
U.S. biofuel producers consumed 30.749 billion pounds of feedstock in May, up 10% when compared to April and up 8% when compared to May 2025, according to data released by the U.S. Energy Information Administration on Aug. 5.