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World's first algae house produces green energy at IBA Hamburg

Photo: Johannes Arlt, IBA Hamburg GmbH

May 2, 2013

BY Hamburg Business Development Corp.

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July WASDE maintains 2026-’27 forecast for soybean oil use in biofuel production

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By Erin Krueger

an hour ago

Feedstocks 

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 July 10. The outlook for soybean oil pricing was unchanged.

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The U.S. Department of Agriculture on June 25 announced a final rule establishing technical guidelines for the production of regenerative agricultural biofuel feedstocks, a framework intended to help farmers market crops produced using qualifying regenerative practices into biofuel supply chains.

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The European Parliament on July 8 voted to reject a proposed EU regulation that would have phased out the use of soybean oil as a biofuel feedstock by 2030. Representatives of the EU’s biobased diesel industry applauded the decision.

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President Donald Trump on June 29 signed a proclamation temporarily suspending countervailing duties (CVDs) on certain phosphate fertilizer imports, providing immediate relief to American farmers.

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U.S. biofuel producers consumed 27.973 billion pounds of feedstock in April, down nearly 8% when compared to March, but up 4% when compared to April 2025, according to data released by the U.S. Energy Information Administration on June 30.

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