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

By Erin Voegele

April 11, 2024

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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DOE announces $18.8 million to advance mixed algae development for low-carbon biofuels and bioproducts

By U.S. Department of Energy

April 11, 2024

FeedstocksSustainable Aviation Fuels

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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FAPRI report outlines expected growth in renewable diesel, SAF production

By Erin Voegele

April 08, 2024

Sustainable Aviation FuelsFeedstocks

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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EIA: US biofuel capacity remains steady in January

By Erin Voegele

April 01, 2024

Feedstocks

U.S. biofuels operable production capacity was unchanged in January, according to data released by the U.S. Energy Information Administration on March 29. Total feedstock consumption was down when compared to the previous month.

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USDA predicts 3% increase in soybean acreage for 2024

By Erin Voegele

March 28, 2024

Feedstocks

The USDA’s National Agricultural Statistics Service is predicting a 3% increase in soybean planted area for 2024, according to the agency’s annual Prospective Plantings report, which was released March 28.

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