In the latest monthly USDA Oil Crops Outlook, the USDA revised lower its estimate of canola oil use in biofuels for the current year and for next year. It had previously estimated that canola oil use for biofuels in 2024-25 would be 4.8 billion pounds. It has now revised that down to 3.9 billion pounds. For 2025-26, it estimates that 4.3 billion pounds of canola oil will be used for biofuel, matching levels seen two years ago.
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Canola biofuel estimates cut, but optimism remains
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