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Commodities: Yield projected to be up in most of Corn Belt

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November 24, 2015

BY Jason Sagebiel, INTL FCStone

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

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By Erin Krueger

July 10, 2026

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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The U.S. exported 19,448 metric tons of biodiesel and biodiesel blends of B30 or greater in May, according to data released by the USDA Foreign Agricultural Service on July 7. Biodiesel imports were at 5,886.4 metric tons for the month.

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