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Crops, Reuters

U.S. proposes cutting biofuels requirements due to ‘market realities’

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New York | Reuters — The U.S. government on Wednesday proposed reducing the volumes of biofuel required to be used in gasoline and diesel in 2018, in a move that could mark the first step towards a broader overhaul to the controversial energy policy. The U.S. Environmental Protection Agency (EPA) proposal marked a slight decline […] Read more
Crops, Markets, Reuters

White House denies Trump order on biofuels program

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Reuters — The White House on Tuesday denied that U.S. President Donald Trump planned to issue an executive order to change the national biofuels program, after the U.S. Renewable Fuels Association (RFA) said Trump’s team had informed the group an order was pending. Trading in U.S. refinery shares, fuel futures and corn prices was turbulent […] Read more
Crops, Fruit/Vegetables, Reuters, Weather

U.S. farmers race to ready for Hurricane Matthew’s blast

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New York | Reuters — Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, roiled commodities markets and forced companies from cane refiners to orange juice makers to shutter as it whipped its way toward the southeastern U.S. on Thursday. Southeastern companies were closing down operations ahead of a storm that could threaten some […] Read more
Crops, Reuters

U.S. GMO food labeling bill passes Senate

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UPDATED, July 7, 2016 | Reuters — The U.S. Senate on Thursday approved legislation that would for the first time require food to carry labels listing genetically-modified ingredients, which labeling supporters say could create loopholes for some U.S. crops. The Senate voted 63-30 for the bill that would display GMO contents with words, pictures or […] Read more
Crops, Reuters

Michigan Sugar beet co-op scoops up cane refiner

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Miami | Reuters — Beet sugar co-operative Michigan Sugar has agreed to buy the assets of AmCane Sugar, one of the cane companies hardest hit by a trade deal with Mexico limiting U.S. imports of the sweetener, according to a company official and statement. The sale comes as AmCane is embroiled in litigation in the Court […] Read more
Corn, Crops, Machinery, Markets, Reuters

Cruz’s Iowa victory could show Big Corn’s waning influence

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New York | Reuters — U.S. Republican presidential candidate Ted Cruz’s victory on Monday in corn-rich Iowa could represent a major blow to the country’s controversial biofuels program, reflecting its waning influence over politicians even in the U.S. farm heartland. Cruz, a conservative senator from Texas and outspoken opponent of the Renewable Fuel Standard (RFS), […] Read more

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