In Illinois, Reuters reported that the US biofuel makers will consume more than half of all soybean oil produced in the U.S. next year as a recent flurry of federal policy moves has transformed the sector, including higher blending mandates and curbs on foreign biofuel imports and feedstocks, the U.S. Department of Agriculture said.
In a monthly supply-and-demand report, the USDA sharply raised its outlook for soybean oil use by biofuel producers in the 2025/26 marketing year, which begins October 1, to a record 15.5 billion pounds, up 11.5% from its forecast a month ago and 26.5% higher than the current marketing year.
The U.S. Environmental Protection Agency last month proposed to increase the amount of biofuels that oil refiners must blend into the nation’s fuel mix in 2026 and 2027, driven by a surge in biomass-based diesel mandates, along with measures to discourage biofuel imports.
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