Biofuel News
Farmers Reduce Carbon Footprint from Field to School
Whether you realize it or not, biodiesel is being used to harvest crops, bring students to school and transport lunch to the school cafeteria. Fueling these modes of transportation is none other than the coveted soybean. In hopes of a greener future, farmers are not only trying to lower their intensity score, but companies like […]
USDA Predicts Soybean Oil Use For Biofuel Production Will Increase In 2025, 2026
The USDA on February 27, 2025, released its Grains and Oilseed Outlook for 2025, predicting a modest increase for 2025-2026 soybean production. Soybean oil prices are projected down slightly, and soybean oil use for biofuels is expected to increase. U.S. soybean suppliers are expected to increase less than 1% in 2025-2026 on higher beginning stocks […]
EIA Maintains Forecasts for 2025, 2026 Renewable Diesel and SAF Production
The U.S. Energy Information Administration maintained its forecasts for 2025 and 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Feb. 11. The production outlook for other biofuels, including sustainable aviation fuel (SAF), was also maintained. The EIA maintained its forecasts that renewable diesel production will average 230,000 barrels per day in 2025 […]
U.S. Treasury, Department of Agriculture Taking Comments on 45Z Guidance and Climate Smart Ag
On January 10, 2025, Treasury and IRS issued a notice of intent to propose rules on the 45Z Clean Fuel Production Credit, along with the table of carbon intensity scores and credit calculations. On January 30, 2025, the IRS published the 45Z Clean Fuel Production Credit notices 2025-10 and 2025-11 in the Internal Revenue Bulletin. Treasury is requesting comments on the notices […]
Great Lakes Alliance for Sustainable Shipping Shares Goals
The Great Lakes Alliance for Sustainable Shipping (GLASS), a volunteer coalition focused on increasing sustainable shipping across the Great Lakes, is aligning priorities over the next year to help boost sustainability and increase biofuel demand. The Michigan Soybean Committee (MSC) launched the program after more than two years of work to engage and bring together partners. […]
Biomass-Based Diesel Demand Destruction 2.0?
A farmdoc daily article last week (February 5, 2025) examined the possible impact of reductions in the conventional mandate under the U.S. Renewable Fuel Standard (RFS) on the demand for ethanol in the physical market. A previous episode with small refinery exemptions (SREs) in the first Trump Administration provides an important test case. Specifically, the aggregate blend […]