The U.S. EIA increased its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Aug. 12. The 2026 forecast for SAF production was lowered, but the outlook for biodiesel production was maintained.

Gevo Inc. on Aug. 11 released second quarter results, reporting positive net income and positive adjusted EBTIDA for the period. The company also confirmed it is prioritizing development of a 30 MMgy ethanol-to-jet project in North Dakota.

Aemetis Inc. released Q2 results, reporting increase revenue when compared to Q1. During an earnings call, company officials detailed progress with the company’s RNG, ethanol, biodiesel, SAF and carbon CCS projects.

Calumet Inc. on Aug. 8 confirmed its Montana Renewables biorefinery is currently running at full capacity. An initial phase of the company’s MaxSAF initiative remains on track to boost SAF capacity to up to 150 MMgy by mid-2026.

The USDA maintained its outlook for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The forecast for soybean oil prices was also unchanged.

U.S. soybean production for 2025 is forecast at 4.29 billion bushels, down 2% when compared to last year, according to the USDA National Agricultural Statistics Service’s latest monthly Crop Production report, released Aug. 12.

The public comment period on the U.S. EPA’s proposed rule to set 2026 and 2027 RFS RVOs and revise RFS regulations closed Aug. 8. Biofuel groups have largely expressed support for the proposal but also outlined several ways to improve the rulemaking.

The U.S. renewable fuels industry on Aug. 8 celebrated the 20th anniversary of the Renewable Fuel Standard. Federal lawmakers also marked the occasion with resolutions introduced in the House and Senate earlier this month.

Sen. Chuck Grassley, R-Iowa, on July 31 pressed Derek Theurer, President Donald Trump’s nominee to serve as under secretary of the U.S. Department of Treasury, on the expected timeline for the release of 45Z guidance.

CVR Energy Inc. on July 30 reported its renewables segment achieved increased throughput during Q2 despite unplanned downtime but reported a net loss of $11 million. The company expects to retroactively claim the 45Z credit for volumes produced.