Insights and Stories on Biofuel

Aug. 20, 2021 at 6:44 pm CDT

Chicago | Reuters –– U.S. soybean futures fell to their lowest in nearly two months on Friday and corn set a near one-month low on macroeconomic concerns along with beneficial rains in the western Midwest and Plains, analysts said. Soyoil futures fell more than five per cent on reports that […]

By Julie Ingwersen

Aug. 19, 2021 at 6:14 pm CDT

Reuters — Marathon Petroleum and ADM announced on Thursday a joint venture to produce soybean oil that will be exclusively sold to Marathon for its renewable diesel plant. Refiners are on the hunt for secure access to feedstocks for renewable fuels amid supply constraints and soaring prices for fats, greases […]

By Arunima Kumar, Laura Sanicola

Jul. 16, 2021 at 5:15 pm CDT

New York | Reuters — The U.S. Court of Appeals for the District of Columbia Circuit ruled on Friday in favour of environmental groups who argued against the U.S. government’s conclusion that biofuel blending obligations posed no danger to species’ habitats. The Environmental Protection Agency decides on the amount of […]

By Stephanie Kelly

Jul. 2, 2021 at 7:47 pm CDT

New York | Reuters –– A federal appeals court on Friday struck down a U.S. rule put in place under former president Donald Trump to expand sales of corn-based ethanol, drawing ire from farm and biofuel groups that vowed to work to ensure that such sales continue. The U.S. Court […]

By Stephanie Kelly

Jun. 25, 2021 at 5:51 pm CDT

Chicago | Reuters — Corn and soybean futures tumbled on Friday after a U.S. Supreme Court ruling bolstered a bid by small oil refineries seeking exemptions from laws requiring them to blend ethanol or other biofuels into their products, traders said. “Each time the markets start to stabilize, having priced […]

By Mark Weinraub