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US President Donald Trump signs 2018 Farm Bill into law

December 20, 2018

BY Ron Kotrba and Erin Voegele

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

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By Erin Voegele

17 hours ago

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 April 11. The forecasted price for soybean oil was also unchanged.

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The U.S. Department of Energy will award up $18.8 million to address research and development (R&D) challenges in converting algae, such as seaweeds and other wet waste feedstocks, to biofuels and bioproducts.

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Colonial Oil Industries Inc. will pay a $2.8 million civil penalty and purchase and retire 9 million RINs at an estimated price of $12.2 million under a settlement agreement reached with the EPA and Justice Department related to CAA violations.

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Ethanol Producer Magazine announced the keynote speakers for the 2024 International Fuel Ethanol Workshop & Expo (FEW) being held June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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The University of Missouri’s FAPRI in March released a report featuring 10-year baseline projections for U.S. agricultural markets that predicts renewable diesel and SAF production will grow over the next decade while biodiesel production declines.

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