June 18, 2020
BY UFOP
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A comprehensive new study from S&P Global Energy finds expanded biofuel demand could transform American agriculture, reignite rural economies and provide global food and energy security. The study was commissioned by USFRA.
Louis Dreyfus Co. announced on June 8 a strategic investment in the construction of a new plant to process sunflower seeds and soybeans at the site of its existing facility in Bahía Blanca, Buenos Aires Province, Argentina.
The USDA maintained its forecast for 2026-’27 soybean oil use in biofuel production in its latest WASDE report, released June 11. The agency revised up its estimate for the volume of soybean oil used to produce biofuel in 2025-’26.
U.S. Agriculture Secretary Brooke Rollins on June 4 confirmed that release of the USDA’s feedstock guidelines to inform 45Z clean fuel production credit implementation “is imminent” with release scheduled for “this summer.”
U.S. biofuel producers consumed 30.193 billion pounds of feedstock in March, up nearly 12% when compared to February and up 6% when compared to March 2025, according to data released by the U.S. Energy Information Administration on May 29.