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
Tag Archives Ethanol
U.S. refiners urge EPA to keep biofuel waiver requests secret from USDA
U.S. EPA proposes hike in 2020 biofuel mandate
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
Commodities firm INTL FCStone enters Canadian market
Already handling ag commodities via partners north of the border, U.S. commodities brokerage and financial services firm INTL FCStone is bringing its own name into the Canadian market. The New York firm announced Tuesday it became a member of the Investment Industry Regulatory Organization of Canada (IIROC) effective May 17, clearing the company to offer […] Read more
Where did all the DON corn go?
Most infected corn in Ontario has now been flushed to markets in ethanol and around the world, mostly at discounted prices
Last year’s deoxynivalenol (DON)-infected corn crop has been successfully sold and shipped — albeit at discounted returns for farmers. The specific destinations of that corn, discounts endured by producers and timing of sales have varied. Why it matters: The past six months show large volumes of vomitoxin-infected corn can be moved despite reduced returns for […] Read more
As Biden tours Iowa, farmers want to know where he stands on ethanol
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
U.S. refiner group sues Trump EPA over E15 gasoline
Reuters — The main U.S. refining industry association said on Monday it sued to block the Trump administration’s effort to expand sales of higher ethanol blends of gasoline, arguing the move exceeded the administration’s authority. The legal challenge from the American Fuel and Petrochemical Manufacturers (AFPM) association escalated a battle between the oil and corn […] Read more
Trump lifts curbs on E15 gasoline
Washington | Reuters — The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry. The announcement allows gasoline stations to sell blends containing up to 15 per […] Read more
Federated Co-op buying Saskatchewan ethanol plant
Federated Co-operatives is set to lock in an ethanol supply for its member co-ops’ gas stations with a deal for a major Saskatchewan wheat ethanol producer. FCL announced Wednesday it will buy the Terra Grain Fuels ethanol plant in the RM of Pense near Belle Plaine, about 25 km east of Moose Jaw, for an […] Read more
ADM’s move to spin off ethanol assets speaks to industry’s woes
New York/Chicago | Reuters — Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry’s struggles with U.S. President Donald Trump’s trade wars, thin margins, and overproduction. U.S. law requires ethanol to be blended into gasoline but domestic demand for the biofuel added […] Read more
U.S. grains: Corn, soy up a bit on weather woes, trade hopes
Chicago | Reuters — U.S. corn and soybean futures closed higher on Wednesday on light technical buying as a blizzard bore down on portions of the Plains and Midwest, threatening to delay plantings, analysts said. Wheat futures fell, recording a fifth straight lower close, as traders focused on plentiful world supplies. Chicago Board of Trade […] Read more
