December 22, 2021
BY Stewart D'Leon
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Moeve has completed the supply of sustainable aviation fuel (SAF) to Condor for flights departing from Tenerife South Airport on the Canary Islands, a location not yet legally subject to ReFuelEU Aviation requirements.
Bunge’s Brazilian operation has become the first company to certify soybeans for use in the production of SAF under the ISCC CORSIA PLUS protocol, an advanced certification recognized by the International Civil Aviation Organization.
The USDA on Dec. 31 announced the per-acre payment rates for $11 billion of the $12 billion farm aid package announced in December. U.S. corn, soybean and sorghum farmers will receive respective per-acre payments of $44.36, $30.88, and $48.11.
The USDA reduced its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Jan. 12. The forecast price for soybean oil was unchanged.
U.S. soybean production fell by approximately 3% in 2025, according to the USDA’s latest Crop Production report, released Jan. 12. Soybean yields, however, reached a record high of 53 bushels per acre.