Insights and Stories on Biofuel

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

Dec. 1, 2022 at 6:53 pm CST

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 […]

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

Dec. 1, 2022 at 6:20 pm CST

By Rod Nickel

ICE weekly outlook: Canola still rangebound but upside possible

Nov. 30, 2022 at 7:26 pm CST

By Adam Peleshaty

U.S. EPA sets 2020-2022 biofuel mandates, denies refiners waivers

Jun. 3, 2022 at 7:06 pm CDT

By Jarrett Renshaw Stephanie Kelly

U.S. EPA proposal likes canola oil for renewable fuel

May. 5, 2022 at 10:24 am CDT

By Allan Dawson

U.S. EPA allows temporary summer sales of higher-ethanol fuel

Apr. 29, 2022 at 7:51 pm CDT

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 […]

By Stephanie Kelly

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

Apr. 12, 2022 at 6:21 pm CDT

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 […]

By Julie Ingwersen

U.S. grains: Soybeans reach seven-month peak

Jan. 26, 2022 at 7:29 pm CST

Chicago | Reuters — U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm oil prices. Concerns about a reduced South American harvest and exports from top soy supplier Brazil offered further support, with […]

By Karl Plume

Bunge raises 2021 profit outlook on higher food, renewable fuel demand

Oct. 27, 2021 at 8:45 am CDT

Bunge Ltd reported stronger-than-expected third-quarter results and raised its full-year profit outlook on Wednesday for a third time this year amid improved demand for food and renewable fuel as pandemic restrictions have eased. Although volumes in the U.S. agricultural commodities trader’s core agribusiness and its refined and specialty oils units […]

By Arunima Kumar Karl Plume

ADM profit more than doubles on strong crush margins, vegoil demand

Oct. 26, 2021 at 8:45 am CDT

Global grain trader Archer-Daniels-Midland Co said on Tuesday its third-quarter profit more than doubled, as strong oilseed crushing margins and rising vegetable oil demand boosted its core agricultural services and oilseeds unit. The Chicago-based U.S. grains merchant is anticipating the favorable demand and margin environment to continue supporting results in […]