New York | Reuters — The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt to help lower gasoline prices at the pump. The move represents a temporary win for the biofuels industry and corn farmers, as it will likely […] Read more
U.S. EPA allows temporary summer sales of higher-ethanol fuel
Waiver seen as score for corn growers
U.S. grains: Corn, wheat climb on Ukraine woes, U.S. biofuel plan
May soybeans also close higher
Chicago | Reuters — U.S. corn, wheat and soybean futures rose on Tuesday on worries about the Russia-Ukraine conflict persisting and disrupting Black Sea grain exports, and optimism about increased demand for biofuels, analysts said. U.S. President Joe Biden will unveil plans to extend the availability of higher biofuel blends of gasoline during the summer […] Read more
U.S. court tosses Trump-era rule expanding ethanol sales
New York | Reuters –– A federal appeals court on Friday struck down a U.S. rule put in place under former president Donald Trump to expand sales of corn-based ethanol, drawing ire from farm and biofuel groups that vowed to work to ensure that such sales continue. The U.S. Court of Appeals for the District […] Read more
Trump’s EPA promises biofuel boost, angers Big Oil
Washington/New York | Reuters — The Trump administration on Friday unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil. The plan would require an unspecified increase in the amount of ethanol that oil refiners must […] 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
Feed weekly outlook: DDGS market to adjust with E15 move
MarketsFarm — The prospect of higher-ethanol gasoline blends year-round in the U.S., and a likely increase in production of the renewable fuel, would also result in more distillers dried grains (DDGS) looking for a home in global livestock feed channels. However, that won’t mean an oversupply of the ethanol byproduct, as feed markets will adjust, […] Read more
Trump’s EPA unveils plan to pump up ethanol as Big Oil cries foul
Reuters — The U.S. Environmental Protection Agency on Tuesday released its proposed rule lifting a summer ban on higher-ethanol blends of gasoline to help farmers, putting the agency on a collision course with Big Oil which has called the move illegal. The proposal to broaden sales of the so-called E15 rule marks the latest flashpoint […] Read more
U.S. EPA sends proposed new E15 rule to White House
Washington | Reuters — The U.S. Environmental Protection Agency said on Monday it had sent a draft of its proposed rule allowing year-round sales of higher ethanol blends of gasoline to the White House Office of Budget for review. The rule expanding sales of so-called E15 was promised by President Donald Trump late last year […] Read more
U.S. grains: Soybeans fall after comments on trade talks
Chicago | Reuters — U.S. soybean prices fell on Wednesday after a U.S. trade official said purchase promises were not enough to solve U.S.-China trade issues and that it was too early to predict an outcome to talks between the two countries. Any deal between Washington and Beijing must include a way to ensure commitments […] Read more
Cyber-Savvy Farmer
