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U.S. grains: Corn firms as oil rally offsets Midwest weather
Crops, Markets, Reuters

U.S. grains: Corn firms as oil rally offsets Midwest weather

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Chicago | Reuters — U.S. corn and soybean futures rose on Monday as support from surging crude oil prices more than offset pressure from favourable weather for late-developing crops. Signs of easing U.S.-China trade tensions also buoyed the market after confirmation on Monday of more Chinese purchases of U.S. soybeans that triggered a rally last […] Read more
The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Corn, Crops, Reuters

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

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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
(Dave Bedard photo)
Crops, Machinery

Manitoba Tories pledge to pump up biofuel content

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Manitoba’s incumbent Progressive Conservatives have pledged to boost provincial mandates for biofuel content in gasoline and diesel two weeks ahead of a provincial election. The Tories, whom recent polls favour for re-election on Sept. 10, included the pledge Tuesday in a campaign announcement specifically aimed at the province’s farmers. The party noted its biofuel promise […] Read more
(BeyondImages/iStock/Getty Images)
Crops, Reuters

White House seen aiming to calm U.S. farmer unrest over biofuels

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New York/Washington | Reuters — President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. Trump held a two-hour meeting on Monday with members of […] Read more
U.S. Senator Chuck Grassley speaks to reporters after a vote at the U.S. Capitol in Washington on May 14, 2019. (Photo: Reuters/Jonathan Ernst)
Corn, Crops, Reuters

Ag-state senator says Trump EPA ‘screwed us’ with biofuel waivers

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Washington | Reuters — Iowa’s Republican Senator Chuck Grassley said the Trump administration’s Environmental Protection Agency has “screwed” the U.S. ethanol industry and farmers by granting waivers to 31 small petroleum refineries, effectively exempting them from an obligation to use more ethanol in their products. The powerful senator, who represents the largest ethanol-producing state in […] Read more
Photo: iStock/Getty Images
Reuters

Bunge, BP team up for Brazil sugar and ethanol venture

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Sao Paulo | Reuters – U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world’s third-largest sugarcane processor. The joint venture is the largest deal in Brazil’s bioenergy sector since Royal Dutch Shell joined forces with Cosan to […] Read more
(ThamKC/iStock/Getty Images)
Corn, Crops, Markets, Reuters

U.S. refiners urge EPA to keep biofuel waiver requests secret from USDA

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Washington | Reuters — A law firm representing small U.S. refineries has urged the Environmental Protection Agency to keep refiners’ applications for waivers from the nation’s biofuel policy secret from the Department of Agriculture, arguing that the petitions include confidential business information. The request, made by Perkins Coie in a letter to the EPA dated […] Read more

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