December 17, 2024
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CoBank predicts that U.S. production of renewable diesel and associated fuels will experience a modest boost in 2025 but cautions that policy uncertainty looms over administration of the RFS program, SREs and the impact of potential tariffs.
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 Dec. 10. The estimate for 2023-’24 soybean use in biofuel was revised down.
The USDA on Dec. 6 delivered an interim final rule setting technical guidelines for climate-smart agriculture crops used as biofuel feedstocks to the White House OMB. OMB review marks a final step before a rule is promulgated.
New deep-dive videos about the U.S. Department of Energy Bioenergy Technologies Office's 2023 Billion-Ton Report (BT23) are now available to help users access and apply the report findings and associated online data resources.
U.S. ethanol and biodiesel capacity held steady in September, while renewable diesel capacity fell slightly, according to data released by the U.S. EIA on Nov. 29. Feedstock consumption was down when compared to the previous month.