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Europe at the Crossroads

July 11, 2013

BY Robert Vierhout

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February WASDE maintains forecast for soybean oil prices

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By Erin Voegele

8 hours ago

Feedstocks

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 Feb. 11. The outlook for soybean oil prices was also unchanged.

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Calumet Inc. on Feb. 12 reported that the Trump administration has successfully completed the “tactical” review of the $1.44 billion DOE loan guarantee to support expanded SAF production its Montana Renewables facility.

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The U.S. Senate on Feb. 13 voted 72 to 28 to confirm Brooke Rollins to serve as secretary of agriculture. Representatives of the biofuel and bioenergy industries have spoken out in support of her confirmation.

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The U.S. Supreme Court on Feb. 6 denied a request from the Trump administration to pause the SRE lawsuit currently pending before the court. The court is currently scheduled to hear oral arguments for the case on March 25.

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The U.S. Department of Commerce’s International Trade Administration on Feb. 12 announced it would postpone a meeting of the Renewable Energy and Energy Efficiency Advisory Committee that was scheduled to take place that day.

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