The U.S. Department of Agriculture (USDA) announced an investment of $537 million in 543 biofuel projects across 29 states with funding from the Higher Blends Infrastructure Incentive Program (HBIIP). The investment includes projects approved by the Trump administration and supports an executive order to boost energy production.

The funding will support gas station upgrades for storage tanks and fuel pumps, making higher ethanol and biodiesel blends more available. Greater biofuel use could raise demand for corn and soybeans. It may also support growing biofuel exports. According to USDA, the U.S. exported 585,324 metric tons of ethanol worth $5.11 billion in 2024. Key buyers were Canada, South Korea, and the European Union.