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Tag Archives ethanol

CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn climbs on exports, ethanol

Dry weather expected to slow U.S. spring wheat seeding; soy steady ahead of WASDE

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Chicago | Reuters — U.S. corn futures climbed on Thursday on export optimism and positioning ahead of the U.S. Agriculture Department’s monthly supply and demand report, out on Friday, traders said. Wheat gained as frigid temperatures across Europe and the Black Sea region threatened crops. Soybeans were also firmer. The most-active corn contract on the […] Read more
Brad Welter (centre) chats with farm reporters Jack Dawes (left) and Kevin Hursh (right) during a media tour.
Features, Livestock, News

Finding synergy with farming, cattle and ethanol

Even with more than 50 years in the feeding business, Pound-Maker is still finding ways to dial in its various ag businesses

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The majority of cattle feeding in Western Canada has been centered in Alberta. But since the early ’70s, an operation in Saskatchewan has stood out. The corporate vision statement of “Leadership in sustainable, innovative agriculture” of Pound-Maker Feedlot at Lanigan, Sask., illustrates the company’s unique approach with the synergies of Canada’s first livestock feeding operation […] Read more
A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: High U.S. corn prices cut into ethanol production

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MarketsFarm — Upcoming reports from the U.S. Department of Agriculture are expected to steer Chicago Board of Trade (CBOT) futures, at a time when high corn prices in the U.S. may be cutting into ethanol production in that country. According to the U.S. Energy Information Administration’s report released on March 3, 849,000 barrels of ethanol […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Weather wreaks havoc on crops

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MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more
(SimonSkafar/iStock/Getty Images)
Crops, Machinery, Markets, Reuters

Some U.S. ethanol producers cut production to sell natural gas for profit

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New York | Reuters — Sky-high U.S. natural gas prices have prompted some Midwestern ethanol producers to reduce processing in the last week, hoping instead to sell off some of their natural gas to take advantage of current high spot prices caused by the spike in cold weather, industry sources said. Ethanol margins in the […] Read more
(Scharfsinn86/iStock/Getty Images)
Crops, Machinery, Reuters

U.S. oil industry seeks unusual alliance with Farm Belt against electric vehicle agenda

'We weren't born yesterday'

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New York | Reuters — The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles, but is so far meeting a cool reception, according to multiple sources familiar with the discussions. The effort marks an unusual attempt […] Read more
The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Crops, Machinery, Markets, Reuters

Trump administration mulls industry-wide biofuel waiver

Comment period would end after Trump's exit

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New York | Reuters — The Trump administration is considering requests from the oil refining industry and its backers for a sweeping nationwide waiver to exempt them from their obligations to blend biofuels, a measure they argue would help them weather the economic impact of the coronavirus pandemic. U.S. President Donald Trump’s Environmental Protection Agency […] Read more
Photo: iStock
Reuters

Biden transition team holds talks with biofuel groups -sources

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New York | Reuters – U.S. President-elect Joe Biden’s transition team has held calls with biofuel groups on topics including compliance with U.S. biofuel blending laws and Biden’s low-carbon climate vision, according to two sources familiar with the conversations. The discussions with biofuel trade groups as well as POET, a top company in the cellulosic […] Read more
Husky Energy’s ethanol plant at Minnedosa, Man., about 45 km north of Brandon. (HuskyGrain.com)
Cereals, Crops, Reuters

Husky, Cenovus shareholders approve merger deal

Cenovus to be Western Canada's biggest ethanol, DDGS producer

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Reuters — Cenovus Energy’s $6.07 billion deal to buy Husky Energy was approved by the shareholders of the two companies on Tuesday, creating Canada’s No. 3 oil and gas producer in a rapidly consolidating industry. Cenovus said 93 per cent of shareholder votes were cast in favour of the merger at a special meeting, while […] Read more
Environment Minister Jonathan Wilkinson, with Infrastructure Minister Catherine McKenna (l) and Heritage Minister Steven Guilbeault (r), speaks at the Dominion Arboretum in Ottawa on Dec. 11, 2020. (Photo: Reuters/Blair Gable)
Crops, Machinery, Weather

New greening programs planned for ag alongside carbon tax hike

Carbon price to hit $170 per tonne by 2030

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A new federal climate plan which further cranks up taxes on carbon emissions also includes pledges of new programs to help sink more carbon into farmland. The government on Friday released the sequel to its 2016 Pan-Canadian Framework on Clean Growth and Climate Change — a “strengthened” climate plan, titled A Healthy Environment and a […] Read more

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