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U.S. grains: Corn firms as oil rally offsets Midwest weather
Crops, Markets, Reuters

U.S. grains: Corn firms as oil rally offsets Midwest weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Monday as support from surging crude oil prices more than offset pressure from favourable weather for late-developing crops. Signs of easing U.S.-China trade tensions also buoyed the market after confirmation on Monday of more Chinese purchases of U.S. soybeans that triggered a rally last […] Read more
(ThamKC/iStock/Getty Images)
Crops, Reuters

Trump backs plan boosting biofuel quotas 10 per cent in 2020

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Reading Time: 2 minutes New York | Reuters — U.S. President Donald Trump has tentatively approved a plan to increase the amount of biofuels that oil refiners are required to blend each year to compensate for exemptions handed out to small refiners by the Environmental Protection Agency, two sources familiar with the matter said. The plan is intended to […] 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, Reuters

Trump promises ethanol-related ‘giant package’ to please farmers

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Reading Time: 3 minutes Washington/South Sioux City | Reuters — President Donald Trump said on Thursday his administration is planning a “giant package” related to ethanol that would please U.S. farmers angry that many more oil refiners have been freed from obligations to use the corn-based fuel. Clashes between farmers and the oil industry over biofuel policy have posed […] Read more
U.S. grains: Corn, soy rise from multi-month lows
Crops, Markets, Reuters

U.S. grains: Corn, soy rise from multi-month lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures pushed higher on Wednesday because of uncertainty about the size of the autumn harvests and concerns that prices had dropped too low. The gains came after the most actively traded corn contract earlier in the session dropped to its lowest price in more than three months […] Read more
(Dave Bedard photo)
Crops, Machinery

Manitoba Tories pledge to pump up biofuel content

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Reading Time: 2 minutes Manitoba’s incumbent Progressive Conservatives have pledged to boost provincial mandates for biofuel content in gasoline and diesel two weeks ahead of a provincial election. The Tories, whom recent polls favour for re-election on Sept. 10, included the pledge Tuesday in a campaign announcement specifically aimed at the province’s farmers. The party noted its biofuel promise […] Read more
(BeyondImages/iStock/Getty Images)
Crops, Reuters

White House seen aiming to calm U.S. farmer unrest over biofuels

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Reading Time: 3 minutes New York/Washington | Reuters — President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. Trump held a two-hour meeting on Monday with members of […] Read more
U.S. Senator Chuck Grassley speaks to reporters after a vote at the U.S. Capitol in Washington on May 14, 2019. (Photo: Reuters/Jonathan Ernst)
Corn, Crops, Reuters

Ag-state senator says Trump EPA ‘screwed us’ with biofuel waivers

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Reading Time: 2 minutes Washington | Reuters — Iowa’s Republican Senator Chuck Grassley said the Trump administration’s Environmental Protection Agency has “screwed” the U.S. ethanol industry and farmers by granting waivers to 31 small petroleum refineries, effectively exempting them from an obligation to use more ethanol in their products. The powerful senator, who represents the largest ethanol-producing state in […] Read more
Processing plants are being built across the country to convert farm crops into bioproducts for essentially every sector.
Guide Business, News

The booming bioeconomy — Part 2

In part one of this feature, we introduced the bioeconomy and how Canada is working to become a world leader. In part two we look at specific sector developments from coast to coast — there are lots of them!

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Reading Time: 7 minutes It’s a surprise to most of us. What’s the hottest bioeconomy subsector on the planet? Replacements for plastic. Worldwide demand for biodegradable products is urgent and it’s growing, especially to replace single-use plastic items like straws, utensils, cup lids and plastic bags. The race is on. France banned plastic cups in 2016, and Queen Elizabeth […] Read more
Photo: iStock/Getty Images
Reuters

Bunge, BP team up for Brazil sugar and ethanol venture

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Reading Time: 2 minutes Sao Paulo | Reuters – U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world’s third-largest sugarcane processor. The joint venture is the largest deal in Brazil’s bioenergy sector since Royal Dutch Shell joined forces with Cosan to […] Read more
(ThamKC/iStock/Getty Images)
Corn, Crops, Markets, Reuters

U.S. refiners urge EPA to keep biofuel waiver requests secret from USDA

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Reading Time: 2 minutes Washington | Reuters — A law firm representing small U.S. refineries has urged the Environmental Protection Agency to keep refiners’ applications for waivers from the nation’s biofuel policy secret from the Department of Agriculture, arguing that the petitions include confidential business information. The request, made by Perkins Coie in a letter to the EPA dated […] Read more

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