Reading Time: 2 minutes The U.S. Department of Agriculture announced a new interim rule on Jan. 15, 2025 to aid production of biofuel feedstock crops as well as promote climate-smart agriculture.
Tag Archives biodiesel
USDA announces new interim rule for biofuel guidelines
U.S. Treasury releases guidance on clean fuels tax credits
Reading Time: 2 minutes The United States Department of the Treasury together with the Internal Revenue Service released much-anticipated short-term guidance on tax credits for biofuels on Jan. 10, giving the soyoil market a boost to end the week.
US biofuel producers ramped up in Oct as profitability improved, data shows
Reading Time: 2 minutes U.S. renewable diesel producers utilized 77 per cent of their total operable capacity in October, the highest since July 2024, the data showed. Biodiesel plant utilization rose to 89 per cent, the highest since June 2023.
Trump trade policy seen as wild card for US soybean farmers, opportunity for crushers
Reading Time: 3 minutes American farmers are worried that President-elect Donald Trump's sweeping tariff plans will curb their access to top soy buyer China, but tariffs could also lure companies to build more U.S. crushing plants, hungry for domestic supplies.
Canada’s renewable diesel projects hit by US import surge
Reading Time: 3 minutes Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Higher biodiesel mandates in Indonesia to curb palm oil supplies, analyst says
Decrease in available palm oil would be ‘catastrophic’ for global consumers, analyst says
Reading Time: 2 minutes Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday. Indonesia currently has a mandatory 35 per cent blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40 per cent palm oil to cut its energy imports.
Flow of canola oil to U.S. set to hit record in 2024
Reading Time: 2 minutes American biofuel producers in the first four months of the year imported Canadian canola oil at record pace, and the flow seems set to continue for now according to analysis from Farm Credit Canada. Canada exported nearly 1.4 million tonnes of refined and crude canola oil to the U.S. from January to April.
JBS supplies tallow, lard for sustainable aviation fuel
Reading Time: < 1 minute Brazilian meatpacker JBS is supplying tallow and lard from its international operations for production of renewable aviation fuels, and it is studying a similar initiative in Brazil through the Friboi brand, the company said on Monday.
US approves E15 gasoline sales expansion in Midwest starting 2025
Corn-based ethanol industry frustrated by late start date
Reading Time: 2 minutes The U.S. government said on Thursday it approved a request from Midwestern governors allowing expanded sales of gasoline with higher blends of ethanol in their states, starting in 2025.
U.S. to boost biofuel mandates over next three years
Biofuel groups still feel shortchanged
Reading Time: 3 minutes Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the plan has angered the biofuel industry, which says mandates for corn-based ethanol and biodiesel are not high enough. The U.S. Environmental Protection Agency has finalized […] Read more
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