Agricultural and consumer economics professor Madhu Khanna (left), civil and environmental engineering professor Jeremy Guest, and crop sciences professor DoKyoung Lee. Photo by Michelle Hassel. / SOURCE: University of Illinois Urbana-Champaign
July 26, 2024
BY University of Illinois at Urbana-Champaign
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Terviva Inc. on Jan. 14 announced a strategic investment from Idemitsu Kosan Co. Ltd. Idemitsu, in partnership with Terviva and Australia-based Stanmore is beginning a trial plantation of Terviva’s pongamia in Queensland, Australia.
The USDA on Jan. 15 published an interim rule that establishes guidelines for quantifying, reporting and verifying GHG emissions associated with the production of biofuel feedstock commodity crops grown in the U.S.
The U.S. DOE Advanced Research Projects Agency-Energy (ARPA-E) has announced $25 million to develop a U.S.-led marine energy hydrocarbon and industrial commodity supply through the deep-water cultivation of seaweed biomass at million-ton scale.
U.S. soybean production was up 5% last year, according to the 2024 Crop Production Annual Summary released Jan. 10 by the USDA's National Agricultural Statistics Service. Soybean yields were also up from 2023.
The USDA reduced its forecast for 2024-’25 soybean use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Jan. 10. The forecast for soybean oil prices is unchanged.