
IMAGE: STOCK
March 8, 2025
BY Brooks Mendell & Stephen Wright
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The USDA is formally rescinding a notice of funding opportunity issued in October 2024 for FY 2025, 2026 and 2027 Rural Energy for America Program funding. Any applicant without a fully executed financial assistance agreement will have to reapply.
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 April 9. The estimated season-average price for soybean oil was revised up.
The London Laurel County Economic Development Authority, Ecostrat and the BDO Zone Initiative have issued a BDO Zone ‘A’ Rating for Laurel County, Kentucky. The BDO Zone is rated for 342,000 bone dry tons per year of low-risk woody biomass .
Svante Technologies Inc. and Meadow Lake Tribal Council announced on April 6 that North Star Carbon Solutions LP has entered into an offtake agreement with Microsoft to deliver 626,000 metric tons of durable CDR credits from a BECCS project.
Casterra Ag Ltd., a subsidiary of Evogene Ltd., on March 31 announced successful commercial field trials in Brazil, highlighting castor oil as a compelling candidate for economically viable biofuel production.