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Miller-Meeks questions Wright on DOE’s request to virtually eliminate biofuel budget

April 23, 2026

BY Erin Krueger

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Darling Ingredients announces agreement to sell approximately $150 million in production tax credits

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By Darling Ingredients Inc.

August 14, 2026

Policy Business 

Darling Ingredients Inc. on Aug. 11 announced an agreement to sell approximately $150 million of production tax credits to a corporate buyer. The credits were generated by the company’s Diamond Green Diesel joint venture.

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The USDA maintained its forecast for 2026-’27 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The estimate for 2025-’26 soybean oil use in biofuel was revised up.

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European mandates are reshaping global SAF trade, drawing growing volumes from China while tightening supply and intensifying competition for available fuel.

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The U.S. Energy Information Administration maintained its 2026 and 2027 production forecasts for biodiesel, renewable diesel and sustainable aviation fuel (SAF) in its latest Short-Term Energy Outlook, released Aug. 11.

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XCF Global Inc., an emerging U.S.-based producer of renewable diesel and SAF, on Aug. 7 provided an operational update on renewable diesel production, initial fuel sales and ongoing optimization work at its New Rise Renewables Reno facility.

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