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Tag Archives Ethanol — page 3

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Crops, Markets

U.S. EPA proposes revamp of biofuel program to include EVs

Mandated biofuel levels to rise through 2025

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New York | Reuters — U.S. President Joe Biden’s administration on Thursday unveiled a three-year proposal to expand the U.S. biofuels policy with bigger volume mandates and — for the first time — to include a pathway for electric vehicle manufacturers to generate lucrative credits. Biden wants to fight climate change by reducing fossil fuel
CBOT January 2023 soybeans (candlesticks, right column) with 20- and 100-day moving averages and CBOt January 2023 soyoil (blue line, left column). (Barchart)
Crops, Markets

U.S. grains: Soy snaps win streak on disappointing biofuel mandates

Wheat falls on export sale data; soy weakness weighs on corn

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Winnipeg | Reuters — Chicago soybeans fell on Thursday, snapping five days of gains as soybean oil sold off sharply after the U.S. government proposed smaller-than-expected biofuels blending requirements. Wheat slid on disappointing export sales, while soybean weakness dragged corn lower. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled down 39-3/4
Gas pump.
Op/Ed

Guebert: The simple answer to the simple question

Nobody’s worried about corn stocks, while wheat woes are piling up

By
Oftentimes the simple answer to a simple question is the simple truth. Some people, however, don’t want the simple truth, so they bend facts or shave figures so their square pegs replace roundly accepted reality. It’s commonplace in ag. For example, on April 12, President Joe Biden travelled to Iowa to announce an expansion of
CBOT July 2022 wheat (candlesticks) with 20-day moving average (light green line) and MGEX and K.C. July 2022 wheats (yellow and orange lines). (Barchart)
Crops, Markets

U.S. grains: Wheat firms after earlier slide

Corn struggles to regain; soy firm

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Chicago | Reuters — Chicago wheat futures gained on Thursday after reaching two-month lows as liquidation by investment funds abated and supply tensions remained despite talks to reopen Ukrainian ports that have been blocked since Russia’s invasion. A large wheat purchase by Egypt and a report that the U.S. government may retroactively raise an ethanol
CBOT May 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, wheat climb on Ukraine woes, U.S. biofuel plan

May soybeans also close higher

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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
Markets

U.S. considers adding more ethanol to gasoline to lower pump prices

By
Reuters – The Biden administration is considering temporarily removing restrictions on summer sales of higher-ethanol gasoline blends as a way to lower fuel costs for U.S. consumers, three sources familiar with the matter told Reuters. The review comes as President Joe Biden seeks to tame soaring pump prices, which hit a record this month following
In 1981, before anyone knew how to spell ethanol, U.S. wheat acres hit a record-high 88 million.
Op/Ed, Opinion

Opinion: The coming war for U.S. crop acres

Ethanol might be a sacred cow for now, but expect a renewed food-versus-fuel fight

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Farmers are long familiar with acre wars. This late-winter scrum is a showdown over how many acres of which crop farmers will plant. Most years these fights are decided by a variable — and oftentimes volatile — combination of three elements: what market prices are calling for, how government farm programs could affect prices, and
Gas pump.
Comment, Op/Ed

Comment: Biofuels are a fake climate change solution

There are too many costs of all types to make biofuels a solution to our problems

By
Biofuels in Canada cannot be produced without a subsidy or a government order called a mandate. The Canadian and various provincial governments are again increasing biofuel mandates as a simple solution to the serious climate change crisis we face. But are biofuels the solution politicians claim? Biofuels sound good and with mandates they cost government

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