Yes. The Instagram Feed plugin has already started supporting the new graph API for users that have a business account on Instagram. The new API will also be available to users with personal Instagram accounts before the March 2020 deprecation. You can switch to a business account now to have no disruption in your feed when the old API is officially deprecated.
There are two main differences with the new API that may affect your feeds.
- Location data is no longer available. Visitors will not see any information about the location of the post when viewing your feed.
- Hashtags found in the author’s comments for the post cannot be used for filtering. If you use the “includewords” or “excludewords” features, you will need to start adding hashtags to the caption of posts.