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U.S. Midwest floods to weigh on diesel demand come harvest

By GFM Network News, Stephanie Kelly July 11, 2019

Putnam County, Ill. | Reuters — A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said. Heavy storms that lingered over the Midwest left millions of acres unseeded and put crops that were planted late

Crops, Markets

New marine fuel rules to boost diesel prices for at least a year, analysts say

By GFM Network News June 10, 2019

Houston | Reuters — Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulphur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said. Marine fuels containing no more than 0.5 per

Crops, Markets

Rising diesel prices coming

By GFM Network News, Glen Hallick - MarketsFarm April 3, 2019

MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — that is, the International Marine

The U.S. Environmental Protection Agency’s headquarters building in Washington, D.C. (Skyhobo/E+/Getty Images)

Crops

U.S. EPA changed rules to help refiners get biofuel waivers, suit alleges

By GFM Network News, Jarrett Renshaw March 7, 2019

Reuters — U.S. environmental regulators quietly changed the way they assess applications from refineries for waivers from the nation’s biofuels law, making it possible for highly profitable plants to secure lucrative exemptions, according to court documents filed by a biofuels trade group on Thursday. The new documents, part of a lawsuit that began last year,

Markets

Oil sanctions on Venezuela could benefit Canada

By GFM Network News, Glen Hallick - MarketsFarm February 1, 2019

How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to U.S. refineries, said two oil industry experts. As part of an effort to effect regime change in Venezuela, U.S. President Donald Trump announced this week

Markets, Other

Tight supplies could see diesel prices rise

By Ashley Robinson - MarketsFarm, GFM Network News November 6, 2018

CNS Canada – As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance…if we do get a cold winter I think we’ll see these prices really pop,” said Phil Flynn

Crops, Markets

Dwindling diesel supplies could boost price

By Dave Sims, GFM Network News July 26, 2018

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring

With farmers in the fields worldwide, many are facing sticker shock over high fuel costs.

News, Other

Farmers worldwide struggle with rising fuel costs

It’s leading some farmers to change their management practices or lock in prices months in advance

By Stephanie Kelly, Tom Polansek July 3, 2018

Farmers worldwide are feeling the pinch as fuel costs rise to near four-year highs just as they plant and harvest their fields, eroding agricultural income already hamstrung by depressed crop prices. The agricultural sector from the United States to Russia, and Brazil to Europe, is seeing profits harmed by the rise in diesel prices. The

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

Crops

Trump said considering counting ethanol exports toward quotas

By GFM Network News, Jarrett Renshaw May 9, 2018

New York | Reuters — U.S. President Donald Trump told a group of senators on Tuesday he is considering allowing exported ethanol to count toward the volumes mandated under the nation’s biofuels law, a move intended to appease both Big Oil and Big Corn by cutting the refiners’ regulatory costs while preserving demand for corn.

Markets

Enjoy stable diesel market while you can, analyst says

By Dave Sims, GFM Network News March 14, 2018

CNS Canada — The short-term outlook for the diesel market in North America calls for current prices to remain largely untouched through spring planting — but it could change drastically after that. According to Tom Kloza of the Oil Price Information Service in New Jersey, prices for diesel could even get higher than crude oil.

Daily Network News

CFIA looks for feedback on proposed seed potato rule changes

U.S. grains: Soybean futures rise on active Chinese buying

GMO food labelling review opens questions on gene editing

Tag Archives diesel

U.S. Midwest floods to weigh on diesel demand come harvest

New marine fuel rules to boost diesel prices for at least a year, analysts say

Rising diesel prices coming

U.S. EPA changed rules to help refiners get biofuel waivers, suit alleges

Oil sanctions on Venezuela could benefit Canada

Tight supplies could see diesel prices rise

Dwindling diesel supplies could boost price

Farmers worldwide struggle with rising fuel costs

Trump said considering counting ethanol exports toward quotas

Enjoy stable diesel market while you can, analyst says

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