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Tag Archives Biofuels

Corn, Crops, Reuters

COVID-19 spurs new clash between Big Oil, Big Corn

Flagging consumption leads to pressures on U.S. fuels, biofuels

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Reading Time: 3 minutes New York | Reuters — A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation’s biofuel policy, this time over whether the policy should be suspended or expanded as a result of the crisis. The issue once […] Read more
Crops, Reuters, Weather

U.S. EPA waives fuel requirements, extends biofuels deadline

Deadline extended to help refineries

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Reading Time: 2 minutes Reuters — The U.S. Environmental Protection Agency on Friday unveiled measures to help oil refineries cope with fallout from the coronavirus outbreak, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuels law. The outbreak has touched off a massive global decline in demand for […] Read more
Crops, Reuters

U.S. biodiesel industry struggles without subsidy

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Reading Time: 2 minutes New York | Reuters — When John Whittington shut his Indiana biodiesel plant this week, he knew the move would leave all 14 of his workers there looking for jobs heading into the U.S. holiday season. But he felt he had no choice. A $1-per-gallon subsidy that had been propping up the industry since 2005 […] Read more
Crops, Reuters

Trump administration proposes plan to raise biofuels use, EPA says

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Reading Time: 2 minutes New York | Reuters — The Trump administration, in an effort to mend fences with the powerful U.S. corn lobby, proposed a new formula on Tuesday to boost biofuels demand — but the proposal instead only provoked more consternation from the industry. Corn and soybean farmers have been angered by the U.S. Environmental Protection Agency’s […] Read more
Crops, Markets, Reuters

U.S. grains: Corn falls; wheat, soy rise

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures dropped on Friday while soybeans and wheat edged higher in muted trading as investors waited for the U.S. government’s monthly update to harvest projections. Corn futures remained under pressure from profit-taking after prices jumped to a seven-week high on Tuesday. The market shrugged off long-awaited news that the […] Read more
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
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
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
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
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

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