November 11, 2020
BY Erin Krueger
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Bunge and GDM on Nov. 10 announced a strategic joint venture, Enerseed, to develop high-quality, novel oilseeds as feedstocks for biofuels. The JV will focus on developing a portfolio of promising, non-traditional oilseeds.
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 Nov. 10. The estimate for 2025-’26 soybean oil use in biofuel production was revised up.
The USDA raised its forecast for 2026 soybean production in its latest Crop Production report, released Nov. 10. The agency now predicts soybean production for beans will reach a record-high 4.57 billion bushels.
Ara Partners, a global private equity and infrastructure firm focused on the energy and industrial transition, has acquired a majority interest in Pacific Ag, North America’s largest crop residue supply and logistics company.
Greasezilla announced on Nov. 4 that the Passaic Valley Sewerage Commission has chosen Greasezilla to install its fats, oils and grease (FOG) separation and recovery system at PVSC's Newark Bay treatment facility.