Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather […] Read more
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Tag Archives Ethanol
U.S. grains: Soybeans down on profit-taking before USDA data
U.S. ups biofuel requirements in win for Big Corn
New York | Reuters — The U.S. government on Wednesday announced finalized targets for biofuel use for next year, requiring that energy companies blend 19.28 billion gallons of renewables into […] Read more
Canada unveils carbon price, energy-producing provinces unhappy
Reuters — Canada’s federal government on Monday vowed to bring in a minimum price on carbon emissions by 2018, prompting one energy-producing province to threaten legal action and another to […] Read more
China slaps anti-dumping duties on U.S. DDGS
Chicago/Beijing | Reuters — China on Friday slapped anti-dumping duties on a U.S. animal feed ingredient known as distillers’ dried grains (DDGS) amid an intensifying spat between the world’s two […] Read more
Clinton campaign studying alternative to U.S. ethanol mandate
Washington/San Francisco | Reuters — Democratic U.S. presidential candidate Hillary Clinton’s campaign has solicited advice from California regulators on how to revamp a federal regulation requiring biofuels such as corn-based […] Read more
ADM eyes ethanol asset sales as weak margins hit Q2
Chicago | Reuters — U.S. grain trader Archer Daniels Midland is pulling back in ethanol and exploring sales of its corn dry mills that produce the biofuel, the company said […] Read more
Report finds ethanol, bioenergy no threat to food security
New York | Reuters — Bioenergy produced from crops does not threaten food supplies, researchers funded by the U.S. government, World Bank and others said in a report Tuesday, dealing […] Read more
U.S. holding company offers to buy grain handler Andersons
Reuters — HC2 Holdings Inc., a company run by former hedge fund manager Philip Falcone, said on Tuesday it has made a bid to buy U.S. grain handler Andersons Inc […] Read more
Crude’s slide hampers demand for Canadian biofuel
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 […] Read more
Cruz’s Iowa victory could show Big Corn’s waning influence
New York | Reuters — U.S. Republican presidential candidate Ted Cruz’s victory on Monday in corn-rich Iowa could represent a major blow to the country’s controversial biofuels program, reflecting its […] Read more