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USDA maintains forecast for soybean oil use in biofuel production

July 12, 2023

BY Erin Voegele

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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 Dec. 10. The estimate for 2023-’24 soybean use in biofuel was revised down.

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