Stephanie Kelly Archives | Canadian Cattlemen

U.S. biodiesel industry struggles without subsidy

By Stephanie Kelly November 15, 2019

New York | Reuters — When John Whittington shut his Indiana biodiesel plant this week, he knew the move would leave all 14 of his workers there looking for jobs heading into the U.S. holiday season. But he felt he had no choice. A $1-per-gallon subsidy that had been propping up the industry since 2005 […] Read more

Crops, Reuters

Trump administration proposes plan to raise biofuels use, EPA says

By Stephanie Kelly October 15, 2019

New York | Reuters — The Trump administration, in an effort to mend fences with the powerful U.S. corn lobby, proposed a new formula on Tuesday to boost biofuels demand — but the proposal instead only provoked more consternation from the industry. Corn and soybean farmers have been angered by the U.S. Environmental Protection Agency’s […] Read more

Crops, Machinery, Reuters, Weather

U.S. diesel prices hit three-year low as harvest delays feared

By Stephanie Kelly October 10, 2019

New York | Reuters — Diesel prices in the U.S. Midwest have sunk to a three-year seasonal low as farmers in the region face adverse weather conditions, further complicating an already delayed harvest season, traders and farmers said. Diesel demand typically rises during harvest season because farming equipment and trucks transporting product use the fuel. […] Read more

Crops, Markets, Reuters

Trump’s EPA promises biofuel boost, angers Big Oil

By Humeyra Pamuk, Stephanie Kelly October 4, 2019

Washington/New York | Reuters — The Trump administration on Friday unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil. The plan would require an unspecified increase in the amount of ethanol that oil refiners must […] Read more

Crops, Reuters

Trump backs plan boosting biofuel quotas 10 per cent in 2020

By Jarrett Renshaw, Stephanie Kelly September 16, 2019

New York | Reuters — U.S. President Donald Trump has tentatively approved a plan to increase the amount of biofuels that oil refiners are required to blend each year to compensate for exemptions handed out to small refiners by the Environmental Protection Agency, two sources familiar with the matter said. The plan is intended to […] Read more

Corn, Crops, Reuters

Trump promises ethanol-related ‘giant package’ to please farmers

By David Alexander, Humeyra Pamuk, Stephanie Kelly August 29, 2019

Washington/South Sioux City | Reuters — President Donald Trump said on Thursday his administration is planning a “giant package” related to ethanol that would please U.S. farmers angry that many more oil refiners have been freed from obligations to use the corn-based fuel. Clashes between farmers and the oil industry over biofuel policy have posed […] Read more

Reuters

U.S. ethanol industry nearing breaking point: Green Plains CEO

By Jarrett Renshaw, Stephanie Kelly July 29, 2019

New York | Reuters – The U.S. ethanol industry is about to break under the weight of the Trump Administration’s trade war with China and the surge in the number of small refineries exempted from the nation’s biofuel laws, said Todd Becker, CEO of Green Plains. The U.S. ethanol industry was preparing for growth in […] Read more

Crops, Machinery, Markets, Reuters, Weather

U.S. Midwest floods to weigh on diesel demand come harvest

By Stephanie Kelly July 10, 2019

Putnam County, Ill. | Reuters — A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said. Heavy storms that lingered over the Midwest left millions of acres unseeded and put crops that were planted late […] Read more

Corn, Crops, Markets, Reuters, Weather

Midwest floods hammer U.S. ethanol industry

By Jarrett Renshaw, Stephanie Kelly April 8, 2019

New York | Reuters — The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts suffer from shortages of the biofuel. The historic March floods have dealt a series of blows to large swaths of an ethanol industry that […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat edges lower on profit-taking

By Stephanie Kelly March 26, 2019

New York | Reuters — U.S. wheat futures inched lower on Tuesday as investors took profits after prices hit a one-month high on U.S. export optimism and adverse weather in the United States that threatened to delay sowing. Soybean and corn futures fell on technical selling. Chicago Board of Trade May wheat dropped 1/4 cent […] Read more

Feed weekly outlook: Purchases delayed as prices steady, supplies ample

U.S. grains: Soy futures follow rally in soymeal

U.S. livestock: Hog futures fall after weak export sales report

GFM Network News