Reuters — The U.S. Environmental Protection Agency on Tuesday proposed setting a blending mandate of 19.88 billion gallons for 2019 under the Renewable Fuel Standard (RFS), three per cent higher from this year’s and in line with expectations. The agency also said it is considering a number of measures to bring some transparency to the […] Read more
Tag Archives biodiesel — page 6
U.S. EPA proposes higher 2019 biofuels mandate
U.S. biofuels deal reported to be delayed indefinitely
Reuters — The Trump administration has indefinitely delayed a proposed overhaul of U.S. biofuels policy aimed at reducing costs for the oil industry, under pressure from corn state lawmakers who worry the move would undermine demand for ethanol, according to two sources familiar with the matter. The White House had been poised to announce reforms […] Read more
U.S. biodiesel lobby drops effort to adjust tax credit
Chicago | Reuters — The biggest U.S. biodiesel lobbying group has dropped its nine-year push to convert a US$1-per-gallon tax credit available to blenders of the biofuel into one for producers, the vice-president of federal affairs said on Friday. The tax credit benefits companies that blend biodiesel into fuel sold at U.S. gas stations. It […] Read more
Argentina exports biodiesel to Canada after U.S. imposes tariffs
Buenos Aires | Reuters — Argentine biodiesel producer Ecofuel exported 29,000 tonnes of biodiesel to Canada in March and plans to make a new shipment of the same volume to the country this month, an advisor to biofuels industry group Carbio said Friday. The deal, which marks Argentina’s first biodiesel exports to Canada, comes after […] Read more
Sarnia named as site of new biodiesel plant
The Sarnia area is set to get another bio-economy plant. Benefuel, a producer of biodiesel, has named Sarnia as the location of its first full-scale commercial plant. The company, based in Texas, uses a patented catalyst technology to produce low-carbon intensity biodiesel from food and agriculture waste streams. Why it matters: The Benefuel plant will […] Read more
ICE weekly outlook: Canola futures linked to NAFTA
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
Canola biodiesel processor in receivership
An eastern Saskatchewan biodiesel processor using growers’ heated, green, spring-harvested, tough and otherwise off-spec canola for feedstock is in receivership. Saskatchewan Court of Queen’s Bench on Thursday appointed Calgary-based insolvency trustee Hardie and Kelly as the receiver for Milligan Biofuels, which operates at Foam Lake, about 90 km northwest of Yorkton. Alberta’s Crown lending agency […] Read more
U.S. grains: Corn firms on short-covering at month’s end
Chicago | Reuters — U.S. corn futures rose on Thursday as fund-driven short-covering at the end of the month overshadowed disappointing export sales data, analysts said. Wheat futures on the Chicago Board of Trade ended mostly lower, with nearby contracts pressured by heavier-than-expected deliveries against the December contract on first notice day. Soybeans fell, led […] Read more
U.S. EPA ups biofuel targets slightly
Reuters — The U.S. Environmental Protection Agency said on Thursday it will require fuel companies to blend slightly more biofuels into the nation’s gasoline and diesel next year, angering oil refiners who view them as a competitive threat. The announcement follows weeks of lobbying by Midwestern lawmakers and representatives of the corn industry who wanted […] Read more
ICE weekly outlook: Canola looks to soyoil wildcard
CNS Canada –– ICE Futures Canada canola bounced around within a rather wide range over the course of the week ended Wednesday, but could head higher if it gets help from U.S. soyoil. “The wildcard here is the (soy)bean oil market,” said Ken Ball of PI Financial in Winnipeg. While Chicago Board of Trade soyoil […] Read more
Cyber-Savvy Farmer
