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(Bob Nichols photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn drops to nearly one-year low

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain prices fell about one per cent on Monday, with benchmark Chicago Board of Trade December corn sinking to a nearly one-year low, on technical selling and easing concerns that dry weather would reduce harvests. Several CBOT wheat futures contracts dropped to lifetime lows, while soybeans notched small declines. Soyoil […] Read more
(Dave Bedard photo)
Crops, Reuters

U.S. proposes cutting biofuels requirements due to ‘market realities’

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Reading Time: 2 minutes New York | Reuters — The U.S. government on Wednesday proposed reducing the volumes of biofuel required to be used in gasoline and diesel in 2018, in a move that could mark the first step towards a broader overhaul to the controversial energy policy. The U.S. Environmental Protection Agency (EPA) proposal marked a slight decline […] Read more
(OntLA.on.ca)
Crops, Machinery

Ontario budget seeks tax flexibility for on-farm processing

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Reading Time: 4 minutes The Ontario government has balanced its budget for the first time in since 2008 — but Thursday’s budget contained little news for agriculture and rural Ontario. Finance Minister Charles Sousa’s budget mostly highlighted agriculture programs that had already been announced, and maintains $100 million in funding for the provincial Risk Management Program, which helps offsets […] 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, Markets, Soybeans

CBOT weekly outlook: Traders look for fire behind the smoke

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Reading Time: 2 minutes CNS Canada –– Rumoured changes to U.S. renewable fuels policy gave corn and soybean futures at the Chicago Board of Trade a boost this week — but it will likely take confirmed fundamental news for the advances to be sustained. The unconfirmed reports circulating the market on Tuesday were that U.S. President Donald Trump was […] Read more
The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Crops, Markets, Reuters

U.S. grains: Corn, soyoil climb on biofuels news

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures rose on Tuesday and soyoil futures climbed about four per cent on prospects for changes to the U.S. renewable fuels policy that could boost demand for corn-based ethanol and soy biodiesel, traders said. Both markets pared gains following a White House statement that no executive order was in […] Read more
RFA CEO Bob Dinneen, shown here last March in New Orleans, has said the group is optimistic for biofuel’s prospects under a Trump administration. (EthanolRFA.org)
Crops

U.S. ethanol sector pumped on Trump

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Reading Time: 4 minutes San Diego | CNS Canada — “Building partnerships and growing markets” was the theme of the National Ethanol Conference in San Diego — a theme members of the U.S. Renewable Fuels Association (RFA) believe aligns well with an increased focus on national security and protectionist policies under new President Donald Trump. Speaking Tuesday, the head […] Read more
A view from Minnesota Soybean Processors’ crush plant and biodiesel facility at Brewster, Minn. (MNSoy.com)
Crops, Soybeans

U.S. soy grower co-op plans North Dakota crush plant

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Reading Time: 2 minutes A U.S. soybean growers’ co-operative has picked its site for what it says would be the first soybean processing plant of its kind in North Dakota. Minnesota Soybean Processors and its North Dakota Soybean Processors (NDSP) subsidiary announced Tuesday their site will be on 150 acres near Spiritwood, N.D., 260 km south of the Manitoba […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans down on profit-taking before USDA data

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental […] Read more

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