December 20, 2018
BY Ron Kotrba and Erin Voegele
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The USDA’s National Agricultural Statistics Service is predicting a 3% increase in soybean planted area for 2024, according to the agency’s annual Prospective Plantings report, which was released March 28.
CoBank is predicting U.S. soybean crush capacity will expand 23% over the next three years. In a report released March 21, the company discusses the risk that this rapidly expanding capacity could exceed renewable diesel growth.
Japan-based petroleum company ENEOS Corp. on March 22 announced that a coalition of Japanese and South Korean companies have entered an MOU to cooperate on feedstock for a SAF project ENOES is developing.
Legislation introduced in the Illinois Senate aims to create a technology-neutral clean fuel standard (CFS) that would reduce the carbon intensity of transportation fuels by 20% by 2038.
The U.S. EPA on March 21 released updated RIN data, reporting that nearly 2.02 billion RINs were generated under the RFS in February, up from 1.91 billion generated the previous month and 1.76 billion generated in February of last year.