
SOURCE: Strategic Biofuels
September 18, 2024
BY Strategic Biofuels
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The Senate Ag Committee on June 23 released a Farm Bill 2.0 discussion draft. The legislation includes a major revamp of the Section 9003 loan guarantee program, including language allowing grants of up to $10 million for certain eligible projects.
The USDA on June 18 released data showing the cost of soybean production is expected to increase more than 4% this year, reaching $$683.89 per acre. Per-acre costs are currently expected to expand by an additional 3% in 2027.
Carbon Direct on June 16 released the Criteria for High-Quality Low Carbon Fuels — a globally applicable, consolidated criteria for high-quality low carbon fuels (LCF) procurement on the voluntary market.
The U.S. EPA on June 18 released data showing nearly 2.02 billion RINs were generated under the RFS in May, up nearly 4% when compared to the same month of last year. Total RIN generation for the first five months of 2026 reached 9.66 billion.
Data released by the U.S. EPA on June 18 indicates D4, D5 and D6 RINs were trading at significantly higher prices in May 2026 than they were one year ago. The average price of D3 RINs was down slightly.