GFM Network News


Trump administration proposes plan to raise biofuels use, EPA says

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

Trump’s EPA promises biofuel boost, angers Big Oil

Reading Time: 3 minutes Washington/New York | Reuters — The Trump administration on Friday unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil. The plan would require an unspecified increase in the amount of ethanol that oil refiners must […] Read more


Trump backs plan boosting biofuel quotas 10 per cent in 2020

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

Biofuels group suing U.S. EPA over small refinery exemptions

Reading Time: 1 minute Washington | Reuters — Biofuels group Growth Energy filed a federal lawsuit against the U.S. Environmental Protection Agency on Monday, challenging the agency’s renewable fuel mandate for 2019 as failing to address rising waived biofuel volumes. “EPA’s inaction on addressing lost gallons due to small refinery exemptions in this rulemaking is a clear violation of […] Read more


U.S. EPA lifts 2019 biofuels mandate

Reading Time: 2 minutes Washington | Reuters — The U.S. Environmental Protection Agency on Friday lifted its annual blending mandate for advanced biofuels, drawing praise from the U.S. biofuels industry, but disappointment that the government had not done more to protect the agricultural market. Under the U.S. Renewable Fuel Standard, oil refiners must blend increasing amounts of biofuels into […] Read more

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

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



ICE weekly outlook: Canola futures linked to NAFTA

Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts zigged and zagged around the $520 per tonne mark during the week ended Wednesday — but one analyst says the market could really take a turn if and when the future of the North American Free Trade Agreement is clarified. “The Canadian dollar is already moving to […] Read more


AGI buys bin sensor, fertilizer blending system makers

Reading Time: < 1 minute Best known as the parent for several Canadian and U.S. manufacturers of grain handling and storage equipment, Ag Growth International is expanding its tech portfolio. Winnipeg-based AGI announced Wednesday it has bought Burnaby, B.C.-based CMC Industrial Electronics and Iowa-based Junge Control (JCI) for undisclosed sums. CMC, which formed in 1997 and has facilities at Burnaby […] Read more

Crude’s slide hampers demand for Canadian biofuel

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