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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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USDA: Growth in US renewable diesel production impacts global feedstock trade

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By Erin Voegele

June 17, 2024

Feedstocks

The USDA Foreign Agricultural Service on June 11 published a report discussing how the recent boom in U.S. renewable diesel production has caused market-altering shifts to both foreign and domestic feedstock trade.

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The U.S. EPA on May 22 announced it has approved a RFS pathway for BP’s Cherry Point refinery in Blaine, Washington, that will allow the facility to generate D5 advanced biofuel RINs for renewable diesel produced via the coprocessing of carinata oil.

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The SkyNRG Sustainable Aviation Fuel Market Outlook covers the current state and trends of the SAF market in the EU and U.K., the U.S. and rest of the world by assessing announcements of SAF projects and mapping out the capacity until 2050.

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A bipartisan group of 18 senators on June 11 sent a letter to U.S. EPA Administrator Michael Regan urging the agency to boost RFS renewable volume requirements (RVOs) for biomass-based diesel and advanced biofuels in its upcoming 2026 rulemaking.

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The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released June 12. The overall 2024-’25 outlook for soybeans includes higher beginning and ending stocks.

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