GFM Network News


U.S. ethanol producers seek reforms as markets plunge, ADM sells

Reading Time: 3 minutes New York/Chicago | Reuters — U.S. ethanol producers stung by collapsing prices are seeking changes to the way benchmark values for the biofuel are established, arguing the current system used by exchanges is vulnerable to manipulation, according to sources. The push comes as the key farm belt industry struggles with weak demand growth, a loss […] Read more

Trump raises ethanol use in gasoline, appeases farmers ahead of elections

Reading Time: 3 minutes Washington | Reuters — U.S. President Donald Trump launched an effort on Tuesday to increase ethanol use in the nation’s gasoline pool, delivering a long-sought political victory to the nation’s Farm Belt and angering oil refiners ahead of November’s congressional elections. Trump announced the lifting of a ban on summer sales of gasoline blended with […] Read more


ADM ramps up ethanol sales in Chicago, irking rivals

Reading Time: 3 minutes New York/Chicago | Reuters — Archer Daniels Midland has sold unusually high volumes of ethanol into the Chicago market since late last year as export markets dried up, driving down prices in the U.S. Midwest and angering the company’s rivals, according to traders and regulatory data. The Illinois-based global commodities powerhouse, a major ethanol producer, […] Read more

U.S. EPA scraps plan to force refiners to blend more biofuels

Reading Time: 3 minutes New York | Reuters — The U.S. Environmental Protection Agency ditched a detailed plan that would have forced refiners to blend more biofuels into their gasoline and diesel in 2019 to compensate for volumes likely to be exempted under the agency’s small refinery hardship waiver program, according to newly released EPA documents. The plan would […] Read more


U.S. biofuels industry, advocates see hope in Pruitt’s successor

Reading Time: 2 minutes New York | Reuters — Corn growers and biofuel producers cheered the resignation of U.S. Environmental Protection Agency chief Scott Pruitt in the hope that his successor may give them more access and fewer threats to reducing domestic requirements. Pruitt led U.S. President Donald Trump’s aggressive efforts to roll back environmental protections. He drew the […] Read more

U.S. EPA won’t force refiners to make up waived biofuels volumes

Reading Time: 2 minutes New York | Reuters — The U.S. Environmental Protection Agency said on Friday it cannot make large oil refineries blend additional biofuels into their gasoline to make up for volumes waived under the small refinery hardship waiver program, unless Congress authorizes it. The agency’s decision was certain to anger the powerful U.S. corn lobby and […] Read more



Trump administration weighs high-ethanol fuel waiver to placate farmers

Reading Time: 2 minutes New York | Reuters — The Trump administration is considering allowing the sale of a higher-ethanol fuel blend in the summer, a source familiar with the issue said, a move that would placate corn growers worried about the future of U.S. biofuels policy. U.S. President Donald Trump recently met with the heads of the Environmental […] Read more