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USDA increases estimates for 2022-’23 and 2023-’24 soybean oil use in biofuel production

September 12, 2024

BY Erin Voegele

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EIA: US biofuel capacity increases in January, feedstock consumption falls

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By Erin Voegele

4 hours ago

Feedstocks Business 

U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.

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U.S. farmers are expected to plant 83.5 million acres of soybeans in 2025, down 4% when compared to last year, according to the USDA National Agricultural Statistics Service’s annual Prospective Plantings report, released March 31.

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China’s exports of used cooking oil (UCO) reached a record high in 2024 but fell sharply in December after the Chinese government eliminated the 13% export tax rebate for UCO, according to a report filed with the USDA.

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Ash Creek Renewables, a portfolio company of Tailwater Capital LLC, on March 20 announced it has secured exclusive licensing rights from Montana State University for a new high-performance camelina seed variety.

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Clean Fuels Alliance America on March 18 submitted comments supporting USDA on its Technical Guidelines for Climate-Smart Agriculture Crops Used as Biofuel Feedstocks Interim Rule and incorporation of USDA FD-CIC.

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