GFM Network News


The worst may be behind us, ethanol industry says

The biofuels sector is inching back from collapse after COVID kept roads empty

Reuters – The U.S. industry is showing some signs of recovery as governments ease stay-at-home orders that depressed fuel demand, while federal aid could be on the horizon for U.S. producers, industry officials said. Fuel demand collapsed by about a third with the spread of the novel coronavirus this spring, and U.S. ethanol production capacity

COVID-19 spurs new clash between Big Oil, Big Corn

Flagging consumption leads to pressures on U.S. fuels, biofuels

New York | Reuters — A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation’s biofuel policy, this time over whether the policy should be suspended or expanded as a result of the crisis. The issue once


U.S. EPA waives fuel requirements, extends biofuels deadline

Deadline extended to help refineries

Reuters — The U.S. Environmental Protection Agency on Friday unveiled measures to help oil refineries cope with fallout from the coronavirus outbreak, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuels law. The outbreak has touched off a massive global decline in demand for

Corn is loaded into a truck to be transported for ethanol production at Kelley, Iowa on Jan. 21.

Ruling casts doubt on dozens of U.S. refinery biofuel waivers

Biofuel boosters say waivers are eating into demand for corn-based ethanol

Reuters – A U.S. court decision striking down three biofuel waivers that the Environmental Protection Agency gave to oil refineries in 2017 has cast doubt on the legitimacy of dozens of other EPA exemptions granted under similar circumstances, according to industry experts and agency data. That spells uncertainty for a handful of independent refiners that

Premier Brian Pallister speaks to producers at Manitoba Ag Days, January 21.

Province to up biofuels mandate within the year

The boost would increase biofuels consumption by about 47 million litres

Premier Brian Pallister will up the province’s ethanol and biofuel mandates within the year, he announced in an address to producers at Manitoba Ag Days on Jan. 21. “We’re going to have not only the cleanest electricity here in Manitoba, but the cleanest fuels as well,” Pallister said. If put into place, the increase would


Paul Hodgen (l) and his father Abe stand on their farm in Roachdale, Indiana.

How ethanol plant shutdowns deepen pain for U.S. corn farmers

U.S. ethanol mandate exemptions are starting to add up, resulting in plant closures

Reuters – When the U.S. ethanol industry was booming, Indiana farmer Paul Hodgen made good money selling about a quarter of his crop to a local facility that produced the corn-based fuel. Now that plant has stopped churning out ethanol and has instead converted to a grain elevator for storage. Hodgen still sells his corn




U.S. grains: Corn falls; wheat, soy rise

Chicago | Reuters — U.S. corn futures dropped on Friday while soybeans and wheat edged higher in muted trading as investors waited for the U.S. government’s monthly update to harvest projections. Corn futures remained under pressure from profit-taking after prices jumped to a seven-week high on Tuesday. The market shrugged off long-awaited news that the