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July 14, 2020

BY Susanne Retka Schill

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USDA predicts 17% boost in soybean oil use in biofuel production

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By Erin Krueger

a day ago

Feedstocks 

The USDA on Feb. 19 released its Grains and Oilseed Outlook, predicting an increase in soybean production and planted acres for 2026-'27. The volume of soybean oil used for biofuel production is expected to increase approximately 17%.

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Bayer on Feb. 19 announced the launch of newgold seed, its first multi-crop seed brand developed specifically for low-carbon intensity crops, designed to help farmers participate directly in the fast-growing biofuels market.

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PBF Energy on Feb. 12 announced the St. Bernard Renewables facility produced approximately 16,700 barrels per day of renewable diesel during the fourth quarter of 2025, up from 15,400 barrels per day during the proceeding quarter.

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The House Committee on Agriculture on Feb. 13 released a draft Farm Bill that includes provisions that aim to expand the use of biochar and encourage growth and innovation in the biofuel, bioproducts and bioenergy industries.

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The U.S. Energy Information Administration reduced its forecasts for 2026 and 2027 renewable diesel production in its latest Short-Term Energy Outlook, released Feb. 10. The outlook for sustainable aviation fuel (SAF) production was maintained.

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