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Tag Archives biodiesel

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Crops, Machinery, Reuters

U.S. EPA proposes hike in 2020 biofuel mandate

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Reading Time: 3 minutes Washington | Reuters — The U.S. Environmental Protection Agency (EPA) on Friday proposed refiners increase the volume of biofuels blended into their annual fuel output but did not reallocate the waived amounts under the hardship program, drawing ire from powerful corn and biofuel groups as well as Republican senators. The EPA is charged with setting […] Read more
(INTLFCStone.com via YouTube)
Crops, Markets

Commodities firm INTL FCStone enters Canadian market

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Reading Time: 2 minutes Already handling ag commodities via partners north of the border, U.S. commodities brokerage and financial services firm INTL FCStone is bringing its own name into the Canadian market. The New York firm announced Tuesday it became a member of the Investment Industry Regulatory Organization of Canada (IIROC) effective May 17, clearing the company to offer […] Read more
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Crops, Markets, Reuters, Soybeans

EU seeks to soothe U.S. by clearing soybeans for biofuel

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Reading Time: 2 minutes Reuters — The European Commission said on Tuesday it had concluded that U.S. soybeans can be used in biofuels in the European Union, part of the bloc’s push to improve strained trade relations with the United States. However, industry sources said it was unlikely to lead to a flood of additional U.S. soybean imports into […] Read more
(Dave Bedard photo)
General, Markets, Reuters

Beef demand, crush margins boost Cargill’s Q1 ledger

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Reading Time: 2 minutes Reuters — Grains trader Cargill reported a nearly five per cent rise in quarterly profit on Thursday as global demand for beef and improved oilseed crushing results offset challenges in several business units. But Cargill also faced various headwinds across the company — particularly in its protein and food ingredients units, both of which have […] Read more
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Canola, Crops, Machinery, Markets

Crude oil and canola part company, for now

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Reading Time: 2 minutes CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil have failed to lift canola. […] Read more
The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Crops, Reuters

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

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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
(EPA.gov via Flickr)
Crops, Reuters

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

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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
The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Crops, Reuters

U.S. EPA proposes higher 2019 biofuels mandate

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Reading Time: 2 minutes Reuters — The U.S. Environmental Protection Agency on Tuesday proposed setting a blending mandate of 19.88 billion gallons for 2019 under the Renewable Fuel Standard (RFS), three per cent higher from this year’s and in line with expectations. The agency also said it is considering a number of measures to bring some transparency to the […] Read more
The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Corn, Crops, Machinery, Reuters

U.S. biofuels deal reported to be delayed indefinitely

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Reading Time: 2 minutes Reuters — The Trump administration has indefinitely delayed a proposed overhaul of U.S. biofuels policy aimed at reducing costs for the oil industry, under pressure from corn state lawmakers who worry the move would undermine demand for ethanol, according to two sources familiar with the matter. The White House had been poised to announce reforms […] Read more
(BiodieselofLasVegas.com)
Crops, Machinery, Reuters

U.S. biodiesel lobby drops effort to adjust tax credit

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Reading Time: 2 minutes Chicago | Reuters — The biggest U.S. biodiesel lobbying group has dropped its nine-year push to convert a US$1-per-gallon tax credit available to blenders of the biofuel into one for producers, the vice-president of federal affairs said on Friday. The tax credit benefits companies that blend biodiesel into fuel sold at U.S. gas stations. It […] Read more

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