
Wisconsin Gov. Tony Evers
April 6, 2026
BY Erin Krueger
Advertisement
Advertisement
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.
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.
European mandates are reshaping global SAF trade, drawing growing volumes from China while tightening supply and intensifying competition for available fuel.
The Senate Agriculture Committee on Aug. 6 failed to advance the Agricultural Act of 2026, commonly referred to as the Farm Bill. Committee members are expected to continue work on the legislation when the Senate reconvenes in mid-September.
U.S. biofuel producers consumed 30.749 billion pounds of feedstock in May, up 10% when compared to April and up 8% when compared to May 2025, according to data released by the U.S. Energy Information Administration on Aug. 5.