New York | Reuters – U.S. President-elect Joe Biden’s transition team has held calls with biofuel groups on topics including compliance with U.S. biofuel blending laws and Biden’s low-carbon climate vision, according to two sources familiar with the conversations. The discussions with biofuel trade groups as well as POET, a top company in the cellulosic […] Read more
Tag Archives Ethanol — page 5
Biden transition team holds talks with biofuel groups -sources
Agriculture investor partners with University of Guelph
SVG Ventures is considered the largest investor in agriculture startups in the world
The University of Guelph and SVG Ventures | Thrive, one of the world’s largest funders and accelerators of agriculture innovation, have announced a partnership. SVG Ventures | THRIVE is a Silicon Valley company that is connected to 5,000 startup companies in agriculture and food from 100 countries. It has made 40 investments in agriculture technology, […] Read more
Husky, Cenovus shareholders approve merger deal
Cenovus to be Western Canada's biggest ethanol, DDGS producer
Reuters — Cenovus Energy’s $6.07 billion deal to buy Husky Energy was approved by the shareholders of the two companies on Tuesday, creating Canada’s No. 3 oil and gas producer in a rapidly consolidating industry. Cenovus said 93 per cent of shareholder votes were cast in favour of the merger at a special meeting, while […] Read more
New greening programs planned for ag alongside carbon tax hike
Carbon price to hit $170 per tonne by 2030
A new federal climate plan which further cranks up taxes on carbon emissions also includes pledges of new programs to help sink more carbon into farmland. The government on Friday released the sequel to its 2016 Pan-Canadian Framework on Clean Growth and Climate Change — a “strengthened” climate plan, titled A Healthy Environment and a […] Read more
U.S. fuel industry frazzled as EPA misses biofuel volumes deadline
COVID-19 fallout complicates process
New York | Reuters — The U.S. Environmental Protection Agency was set to miss a deadline Monday to announce how much renewable fuel the nation’s refiners must blend into their fuel mix next year, raising uncertainty in the fuel market and prompting one biofuel association to threaten to take the agency to court. Under federal […] Read more
Province bumps Ontario ethanol requirements
The use of ethanol in fuel will increase gradually over the next 10 years
The ethanol market for Ontario grain will continue to grow with the announcement that the provincial government is mandating an increase to 15 per cent ethanol in regular-grade fuel. The Ontario government is promoting the increase in ethanol as a way to reduce a megaton of greenhouse gas emissions per year by 2030, which it […] Read more
CBOT weekly outlook: Markets could go higher after U.S. Thanksgiving
Ethanol data show demand for corn
MarketsFarm — Just ahead of the Thanksgiving holiday in the United States, the Chicago Board of Trade was pulling back a little, generating double-digit losses in most wheat contracts, while corn and soybeans were down by smaller amounts. However, from Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., sits, the trend after Thanksgiving […] Read more
Cenovus to get Prairies’ biggest ethanol maker in Husky sale
Plants can take up to 750,000 tonnes of wheat, corn, rye per year
A proposed takeover of Husky Energy by Cenovus Energy is expected to create not only Canada’s third-biggest oil and gas producer but also a new owner for the Prairies’ biggest ethanol business. The two Calgary companies on Sunday announced a friendly all-stock deal which would see Husky shareholders get 0.7845 of a Cenovus share — […] Read more
Greenfield buys U.S. ethanol plant
The closed Minnesota plant is the first foray into the U.S. for the Canadian company
Canada’s largest fuel ethanol producer will acquire the 182 million litre per-year Corn Plus ethanol facility in Winnebago, Minnesota, marking Greenfield Global’s first plant in the U.S. The Corn Plus facility makes ethanol for the purpose of blending into gasoline and has been shuttered since September 2019. “This ushers in a new era of North […] Read more
Trump’s payments to farmers hit all-time high ahead of election
Canadian growers seek level playing field
Chicago | Reuters — U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, […] Read more
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