A double rainbow over a Manitoba soybean field. (ImagineGolf/iStock/Getty Images)

U.S. grains: Soybeans firm on fund-driven buying

Chicago | Reuters — U.S. soybean futures firmed modestly on Wednesday in largely technical trade along with fund-driven buying and strength in allied soymeal futures, analysts said. Corn futures declined and wheat fell on technical selling. Chicago Board of Trade (CBOT) November soybean futures settled up one cent at $8.85-3/4 per bushel but stayed below




U.S. President Donald Trump holds a rally in Council Bluffs, Iowa on Oct. 9, 2018. (Photo: Reuters/Leah Millis)

Trump raises ethanol use in gasoline, appeases farmers ahead of elections

Washington | Reuters — U.S. President Donald Trump launched an effort on Tuesday to increase ethanol use in the nation’s gasoline pool, delivering a long-sought political victory to the nation’s Farm Belt and angering oil refiners ahead of November’s congressional elections. Trump announced the lifting of a ban on summer sales of gasoline blended with


(Dave Bedard photo)

ADM ramps up ethanol sales in Chicago, irking rivals

New York/Chicago | Reuters — Archer Daniels Midland has sold unusually high volumes of ethanol into the Chicago market since late last year as export markets dried up, driving down prices in the U.S. Midwest and angering the company’s rivals, according to traders and regulatory data. The Illinois-based global commodities powerhouse, a major ethanol producer,



(EPA.gov via Flickr)

U.S. biofuels industry, advocates see hope in Pruitt’s successor

New York | Reuters — Corn growers and biofuel producers cheered the resignation of U.S. Environmental Protection Agency chief Scott Pruitt in the hope that his successor may give them more access and fewer threats to reducing domestic requirements. Pruitt led U.S. President Donald Trump’s aggressive efforts to roll back environmental protections. He drew the

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

U.S. EPA proposes higher 2019 biofuels mandate

Reuters — The U.S. Environmental Protection Agency on Tuesday proposed setting a blending mandate of 19.88 billion gallons for 2019 under the Renewable Fuel Standard (RFS), three per cent higher from this year’s and in line with expectations. The agency also said it is considering a number of measures to bring some transparency to the