Get started

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...

August 19, 2021
By Jocelyn Garcia
Agriculture;Energy transition Biofuels Corn Infrastructure

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.

 

The Jacobsen is part of Fastmarkets
Learn more
What to read next
Section 232 steel tariffs
EU-Mercosur deal to take provisional effect May 1; limited immediate impact for paper industry seen
The EU-Mercosur trade agreement, set to take provisional effect in 2026, aims to reduce trade barriers between the two regions. However, the deal faces significant opposition from environmental groups and EU agricultural sectors. For the pulp and paper industry, the effects will be phased in over several years, with an analysis by Cepi showing that tariff reductions will be gradual, eventually benefiting about 85% of EU pulp exports and 90% of paper and board exports.
April 8, 2026
 · 
By Cat Vitale
Green
Voluntary blending rises as biodiesel premiums turn negative in the EU
Crop-based biodiesel became cheaper than fossil diesel in the EU for the first time on Thursday April 2, when premiums for core crop grades FAME 0 (fatty acid methyl ester 0) and RME (rapeseed methyl ester) over ICE gasoil fell into negative territory.
April 8, 2026
 · 
By Tom Hughes
Fastmarkets to change the timestamp of several agriculture prices
Fastmarkets plans to change the timestamp of several of its agriculture prices linked to the Chicago Mercantile Exchange and MIAX Futures Exchange to align the time of publication with the exchanges’ settlement time. The change in timestamp will affect both premiums and outright prices that use those futures as an underlying benchmark, with the change to take effect on May 11.
April 2, 2026
 · 
By Fastmarkets pricing team
Canola field
Biofuel feedstocks price outlook in the United States and European Union, 2026–27
The biofuels market is transitioning from rapid growth to a focus on margin optimization, carbon intensity differentiation, and regulatory compliance, driven by low-carbon policies in the US and EU that are reshaping feedstock demand, trade flows, and pricing dynamics.
March 24, 2026
 · 
By David Alley
Delayed publication of Refined bleached deodorised (RBD) palm olein, cfr South China
The publication of Fastmarkets’ AG-PLM-0019 Refined bleached deodorised (RBD) palm olein assessment for March 16 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
March 17, 2026
 · 
By Fastmarkets pricing team
Bean, Food, Plant
War-driven diesel rally continues to lift soybean oil amid renewable diesel margin strength
Soybean oil prices rose to 67.3 cents, driven by Middle East disruptions and strong biofuel margins. Fastmarkets predicts continued price strength amid geopolitical risks.
March 17, 2026
 · 
By Joao Morciani