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Tag Archives biodiesel


The former Come By Chance fuel refinery in Newfoundland, shown here in a file photo, was renamed Braya Renewable Fuels in November 2021 after Dallas-based Cresta Fund Management bought a controlling stake in the facility. (Benedek/iStock/Getty Images)
Crops, Machinery, Markets

Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel

By Laura Sanicola June 21, 2022
Reuters — A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining […] Read more

CGB’s soybean processing plant at Mt. Vernon, Ind. (CGB video screengrab)
Crops

CGB, soy grower co-op to build North Dakota crushing plant

By Karl Plume December 23, 2021
Reuters — U.S. grain handler CGB Enterprises and farmer co-operative Minnesota Soybean Processors are building a soy processing plant in North Dakota, the second new crushing facility announced in the […] Read more

(ThamKC/iStock/Getty Images)
Crops, Machinery, Markets

U.S. EPA proposes biofuel mandate cuts

Proposal seen as boost to pandemic-hit refiners

By Jarrett Renshaw, Stephanie Kelly December 7, 2021
New York | Reuters — The Biden administration proposed on Tuesday a reduction in the amount of biofuels that U.S. oil refiners were required to blend into their fuel mix […] Read more

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans up on firm cash markets, vegoils

Corn, wheat futures sputter

By Julie Ingwersen October 19, 2021
Chicago | Reuters — U.S. soybean futures ended higher on Tuesday for a fourth straight session, with the benchmark November contract touching a one-week top on firm cash markets and […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Canola feeling the energy

Canola riding on fuels' bullish momentum

By Phil Franz-Warkentin October 6, 2021
MarketsFarm — ICE Futures canola contracts moved steadily higher over the week ended Wednesday, hitting the top-end of a three month trading range. While tight Canadian supplies due to a […] Read more


(ThamKC/iStock/Getty Images)
Crops

U.S. EPA recommends lowering 2020 biofuel mandates retroactively

Agency not confirming or denying sources' statements

By Jarrett Renshaw, Stephanie Kelly August 26, 2021
Reuters — The U.S. Environmental Protection Agency has recommended retroactively lowering biofuel blending mandates for 2020, two sources familiar with the matter said, after the agency on Thursday sent a […] Read more

A view of Imperial Oil’s Strathcona fuel refinery from the North Saskatchewan River. (Imperial Oil photo via BusinessWire)
Crops

Imperial Oil lays out Alberta renewable diesel plan

Company would use 'locally grown' canola, soybean oils

By Laura Sanicola August 25, 2021
Reuters — Imperial Oil, one of Canada’s biggest oil producers and refiners, on Wednesday outlined a plan to process vegetable oil into renewable diesel at its 191,000-barrel-per-day Edmonton-area refinery. The […] Read more

CBOT December 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soy, corn slide on macroeconomic fears, biofuel worries

CBOT, MGEX December wheats also down

By Julie Ingwersen August 20, 2021
Chicago | Reuters –– U.S. soybean futures fell to their lowest in nearly two months on Friday and corn set a near one-month low on macroeconomic concerns along with beneficial […] Read more


(Marathonpetroleum.com)
Crops

Fuel firm Marathon buys in on ADM soy crush plant

Marathon to process biodiesel from North Dakota plant's soy oil

By Arunima Kumar, Laura Sanicola August 19, 2021
Reuters — Marathon Petroleum and ADM announced on Thursday a joint venture to produce soybean oil that will be exclusively sold to Marathon for its renewable diesel plant. Refiners are […] Read more

(ThamKC/iStock/Getty Images)
Crops, Markets

U.S. Supreme Court backs refineries in biofuel waiver dispute

Top court overturns ruling against EPA granting waivers

By Andrew Chung, Stephanie Kelly June 25, 2021
Reuters — The U.S. Supreme Court on Friday made it easier for small oil refineries to win exemptions from a federal law requiring increasing levels of ethanol and other renewable […] Read more

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