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House Ways and Means committee members seek stakeholder input on 45Z tax credit

Rep. Randy Feenstra, R-Iowa

November 19, 2024

BY Erin Voegele

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EIA: US biofuel capacity increases in January, feedstock consumption falls

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By Erin Voegele

6 hours ago

Feedstocks Business 

U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.

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Gevo Inc. CEO Patrick Gruber discussed the company’s proposed sustainable aviation fuel (SAF) project in South Dakota during a fourth quarter earnings call, held March 27, indicating financial close could be achieved by year-end.

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U.S. agricultural producers are expected to plant 95.3 million acres of corn in 2025, up 5% or 4.73 million acres when compared to last year, according to the USDA’s annual Prospective Plantings report, released March 31.

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Agriculture Secretary Brooke Rollins on March 31 visited Elite Octane LLC, a 155 MMgy ethanol plant in Atlantic, Iowa, to announce the USDA will release $537 million in obligated funding under the Higher Blends Infrastructure Incentive Program.

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ADM and Mitsubishi Corp. on March 27 announced the signing of a non-binding memorandum of understanding (MOU) to form a strategic alliance to explore potential areas of future collaboration across the agriculture value chain.

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