USDA invests $26 million in biofuel infrastructure

The U.S. Department of Agriculture (USDA) has announced it is investing $26 million to build infrastructure to expand the...

The U.S. Department of Agriculture (USDA) has announced it is investing $26 million to build infrastructure to expand the availability of higher-blend renewable biofuels by 822 million gallons annually across 23 states.

The investment, made on the one year anniversary of the Higher Blends Infrastructure Incentive Program (HBIIP), which the award falls under, aims to “increase the use of biofuels derived from U.S. agricultural products and prioritize climate-smart solutions”.

Biofuels are an important market for U.S. feedstock producers and are cited as contributing to energy security as well as supporting rural economic development.

Thus far, the USDA has already investmented $66.4 million USD to-date to increase biofuel sales by 1.2 billion gallons annually.

Examples of how the investment will help each state can be found here.

 

What to read next
Fastmarkets’ weekly recap of the main movements in global cash markets.
A meeting of the German Federal Cabinet on the implementation of the European Commission's Renewable Energy Directive (RED III) was postponed again on Wednesday, November 12, after having already been pushed back for several weeks, sparking a negative reaction in the European biofuels market.
The publication of several of Fastmarkets’ soybean and corn prices for November 10, 2025, were delayed because of a third party data feed error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its AG-CRN-0071 Corn FOB Brazil $/mt M5 price, which was published incorrectly between September 16, 2022, and June 2, 2025, due to a project launch error.
Fastmarkets has launched AG-CRN-0131 Corn fob Brazil Northern Arc $/mt and AG-CRN-0132 Corn fob Brazil Northern Arc Premium c$/bu on Monday November 3.
At the recent Berlin ECE commodities event, two major themes dominated discussions: the surprising stability of Ukrainian domestic corn prices despite bearish forecasts, and growing concerns over Egypt's state grain procurement process.