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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

Trump’s EPA promises biofuel boost, angers Big Oil

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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
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, 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
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
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
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
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
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
Corn, Crops, Machinery, Reuters

As Biden tours Iowa, farmers want to know where he stands on ethanol

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Reading Time: 4 minutes New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering questions in the U.S. Farm […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending December 6, 2019.

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