Articles by Jarrett Renshaw | Alberta Farmer Express

Storage tanks at a PBF Energy refinery at Delaware City, Delaware on Aug. 21, 2015. (File photo: Reuters/Charles Mostoller)

U.S. refiners amass biofuel liability as Biden mulls relief

Open RIN positions could hit refiners' earnings

By Stephanie Kelly, Jarrett Renshaw, GFM Network News June 18, 2021

New York | Reuters — U.S. merchant refiners have amassed up to a US$1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or that credit prices will fall. […] Read more

Crops, Machinery & Shop, Reuters

U.S. oil industry seeks unusual alliance with Farm Belt against electric vehicle agenda

'We weren't born yesterday'

By Stephanie Kelly, Jarrett Renshaw, GFM Network News January 29, 2021

New York | Reuters — The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles, but is so far meeting a cool reception, according to multiple sources familiar with the discussions. The effort marks an unusual attempt […] Read more

Crops, Reuters

Trump backs plan boosting biofuel quotas 10 per cent in 2020

By Jarrett Renshaw, Stephanie Kelly September 16, 2019

New York | Reuters — U.S. President Donald Trump has tentatively approved a plan to increase the amount of biofuels that oil refiners are required to blend each year to compensate for exemptions handed out to small refiners by the Environmental Protection Agency, two sources familiar with the matter said. The plan is intended to […] Read more

Crops, Reuters

White House seen aiming to calm U.S. farmer unrest over biofuels

By Humeyra Pamuk, Jarrett Renshaw August 20, 2019

New York/Washington | Reuters — President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. Trump held a two-hour meeting on Monday with members of […] Read more

Ethanol traders expect companies to start announcing output cuts soon. Photo: Getty Images

Reuters

U.S. ethanol industry nearing breaking point: Green Plains CEO

By Jarrett Renshaw, Stephanie Kelly July 29, 2019

New York | Reuters – The U.S. ethanol industry is about to break under the weight of the Trump Administration’s trade war with China and the surge in the number of small refineries exempted from the nation’s biofuel laws, said Todd Becker, CEO of Green Plains. The U.S. ethanol industry was preparing for growth in […] Read more

Democratic 2020 U.S. presidential candidate and former Vice-President Joe Biden speaks at an event at Iowa Wesleyan University in Mount Pleasant, Iowa on June 11, 2019. (Photo: Reuters/Jordan Gale)

Corn, Crops, Machinery & Shop, Reuters

As Biden tours Iowa, farmers want to know where he stands on ethanol

By Reuters, Jarrett Renshaw, GFM Network News June 11, 2019

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

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Corn, Crops, Reuters, Weather

Trump lifts curbs on E15 gasoline

By Humeyra Pamuk, Jarrett Renshaw May 31, 2019

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

Corn, Crops, Markets, Reuters, Winter Wheat

ADM’s move to spin off ethanol assets speaks to industry’s woes

By Chris Prentice, Jarrett Renshaw, P.j. Huffstutter April 26, 2019

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

The AltEn ethanol plant at Mead, Neb. on March 21, 2019. (Photo: Reuters/Humeyra Pamuk)

Corn, Crops, Markets, Reuters, Weather

Midwest floods hammer U.S. ethanol industry

By Jarrett Renshaw, Stephanie Kelly April 8, 2019

New York | Reuters — The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts suffer from shortages of the biofuel. The historic March floods have dealt a series of blows to large swaths of an ethanol industry that […] Read more

Crops, Reuters

Floods shut nearly a sixth of U.S. ethanol production

By Humeyra Pamuk, Jarrett Renshaw March 22, 2019

Mead, Neb./New York | Reuters — Massive flooding in the U.S. Midwest has knocked out roughly 13 per cent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa and South Dakota have been forced to shut down or scale back production following the devastation. Production facilities owned by large companies like Archer Daniels […] Read more

U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

U.S. grains: Soybeans fall on improved crop outlook, forecast

Dominican Republic to kill thousands of pigs over swine fever outbreak

GFM Network News

U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

U.S. grains: Soybeans fall on improved crop outlook, forecast

Dominican Republic to kill thousands of pigs over swine fever outbreak

Author Archives Jarrett Renshaw

U.S. refiners amass biofuel liability as Biden mulls relief

U.S. oil industry seeks unusual alliance with Farm Belt against electric vehicle agenda

Trump backs plan boosting biofuel quotas 10 per cent in 2020

White House seen aiming to calm U.S. farmer unrest over biofuels

U.S. ethanol industry nearing breaking point: Green Plains CEO

As Biden tours Iowa, farmers want to know where he stands on ethanol

Trump lifts curbs on E15 gasoline

ADM’s move to spin off ethanol assets speaks to industry’s woes

Midwest floods hammer U.S. ethanol industry

Floods shut nearly a sixth of U.S. ethanol production

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