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(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Technicals trump recent support in soy

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Reading Time: 2 minutes CNS Canada — Soybean futures at the Chicago Board of Trade look technically bearish, one U.S. analyst says, but spec-longs may keep support in the market. Corn futures, meanwhile, are expected to continue in a rangebound trend. “Corn is still basically in a trading range; it doesn’t excite people. Beans, they’re all over the place,” […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Traders look to StatsCan, U.S. veg oil

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Reading Time: 2 minutes CNS Canada — With questions about the size of Western Canada’s canola crop remaining, ICE Futures Canada traders are looking to an upcoming Statistics Canada report for indications on where to move next. Sharp advances in the Chicago Board of Trade soyoil market underpinned canola on the week, and investors are waiting to see if […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn still rangebound despite recent gains

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Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but have little fundamental reason to continue in that direction, according to an analyst. Looking at corn, that market will be stuck in a sideways trading range for the foreseeable future, according to Preston Zacharias, […] 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. ups biofuel requirements in win for Big Corn

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Reading Time: < 1 minute New York | Reuters — The U.S. government on Wednesday announced finalized targets for biofuel use for next year, requiring that energy companies blend 19.28 billion gallons of renewables into the nation’s fuel supply. The Environmental Protection Agency (EPA) in a statement set the target for conventional biofuel, or ethanol, at 15 billion gallons and […] Read more
(Dave Bedard photo)
Crops, Reuters

U.S. biodiesel executives plead guilty over fraud scheme

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Reading Time: 3 minutes New York | Reuters — Two men pleaded guilty in a U.S. court on Wednesday to conspiracy, fraud and making false statements related to the U.S. government’s controversial policy designed to boost use of renewable fuels, according to court documents. The case comes in the last four weeks of a contentious U.S. presidential election campaign […] Read more
(Dave Bedard photo)
Crops, Reuters

Canada unveils carbon price, energy-producing provinces unhappy

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Reading Time: 2 minutes Reuters — Canada’s federal government on Monday vowed to bring in a minimum price on carbon emissions by 2018, prompting one energy-producing province to threaten legal action and another to demand approval of an oil pipeline in return. Liberal Prime Minister Justin Trudeau, who took power last November promising to do more to protect 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

Clinton campaign studying alternative to U.S. ethanol mandate

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Reading Time: 3 minutes Washington/San Francisco | Reuters — Democratic U.S. presidential candidate Hillary Clinton’s campaign has solicited advice from California regulators on how to revamp a federal regulation requiring biofuels such as corn-based ethanol be blended into the nation’s gasoline supply, according to campaign and state officials. The move is the clearest sign yet that, if elected, Clinton […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Crude’s slide hampers demand for Canadian biofuel

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Reading Time: < 1 minute CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian Renewable Fuels Association (CRFA). “When […] Read more
(Dave Bedard photo)
Canola, Cereals, Corn, Crops, Forages, Machinery, Reuters, Soybeans

U.S. EPA finalizes 2016 renewables target at 18.1B gallons

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Reading Time: 2 minutes New York | Reuters — The U.S. Environmental Protection Agency wants energy companies to blend 18.1 billion gallons (68.5 billion litres) of biofuels into the nation’s fuel supply next year, more than in a proposal laid out in May, it said in announcing final rules on renewables use for 2014-16 on Monday. The EPA’s long-awaited […] Read more
(VW.com)
Cereals, Crops, Machinery, Markets, Reuters

Clariant sees biofuels boost from VW diesel affair

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Reading Time: < 1 minute Zurich | Reuters –– Swiss specialty chemicals group Clariant expects biofuels to get a boost from the scandal surrounding Volkswagen’s manipulation of diesel motor emissions tests, CEO Hariolf Kottmann told a German newspaper. Clariant is spending 30 million euros (C$44 million) a year to expand capacity in Munich to make bioethanol from wheat straw, and […] Read more

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