September 20, 2012
BY Erin Krueger
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Brazil-based Petrobras on June 17 announced is has completed the production and sale of its first batch of sustainable aviation fuel (SAF) made from CORSIA-certified soybean oil. The soybean oil was sourced from Bunge.
President Donald Trump on June 24 called on Congress to pass E15 legislation and asked lawmakers to approve an additional $11.1 billion in farm aid, including $10 billion in economic support for row and specialty crop farmers.
The Senate Ag Committee on June 23 released a Farm Bill 2.0 discussion draft. The legislation includes a major revamp of the Section 9003 loan guarantee program, including language allowing grants of up to $10 million for certain eligible projects.
The USDA on June 18 released data showing the cost of soybean production is expected to increase more than 4% this year, reaching $$683.89 per acre. Per-acre costs are currently expected to expand by an additional 3% in 2027.
Carbon Direct on June 16 released the Criteria for High-Quality Low Carbon Fuels — a globally applicable, consolidated criteria for high-quality low carbon fuels (LCF) procurement on the voluntary market.