USDA Outlook Points to 17% Rise in Soybean Oil Use for Biofuel Production
The U.S. Department of Agriculture released its latest Grains and Oilseeds Outlook on Feb. 19, projecting a notable expansion in soybean acreage, production, and biofuel-related demand in the 2026–27 marketing year. Central to the outlook is a sharp increase in soybean oil use for biofuel, which USDA expects to climb by roughly 17 percent. USDA
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