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Biodiesel plays active role in food waste reduction

May 1, 2019

BY The National Biodiesel Board

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WASDE maintains forecast for 2023-’24 soybean oil use in biofuel

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By Erin Voegele

December 08, 2023

Feedstocks

The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Dec. 8. The expected price of soybean oil was revised down.

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Conestoga Energy and SAFFiRE Renewables LLC announced on Nov. 16 their agreement for Conestoga to host SAFFiRE’s cellulosic ethanol pilot plant at Conestoga’s Arkalon Energy ethanol facility in Liberal, Kansas.

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The USDA maintained its 2023-’24 forecast for soybean oil use in biofuel production in its latest World Agricultural and Supply Estimate report, released Nov. 9. The agency’s estimate for 2022-’23 soybean oil use in biofuel production was revised up.

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The USDA on Nov. 9 announced 2023 soybean production for beans is currently forecast at 4.13 billion bushels, up 1 percent from the October forecast, but down 3 percent from last year, according to the agency’s latest Crop Production report.

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Novozymes, a global leader in biosolutions, marks a significant milestone in the renewable diesel and SAF industry with the launch of Quara LowP, an enzymatic solution designed to transform the feedstock pre-treatment process.

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