Insights and Stories on Biofuel

May. 21, 2020 at 2:57 am CDT

MarketsFarm — Crop commodity values on the Chicago Board of Trade (CBOT) have largely stabilized as COVID-19 restrictions are relaxed in several U.S. states. “We’ve been playing this virus for a few months now,” said Scott Capinegro of Barrington Commodities in Barrington, Ill. COVID-19-related lockdown measures decimated demand for ethanol, […]

By Marlo Glass – MarketsFarm

Apr. 17, 2020 at 4:08 am CDT

New York | Reuters — A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation’s biofuel policy, this time over whether the policy should be suspended or expanded as a result of […]

By Stephanie Kelly

Mar. 27, 2020 at 7:51 pm CDT

Reuters — The U.S. Environmental Protection Agency on Friday unveiled measures to help oil refineries cope with fallout from the coronavirus outbreak, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuels law. The outbreak has touched off a massive […]

By Stephanie Kelly

Feb. 20, 2020 at 11:19 am CST

Washington | Reuters — The U.S. Department of Agriculture on Thursday announced a goal for biofuels to make up 30 per cent of U.S. transportation fuels by 2050, a move that could bolster an industry that has been otherwise battered by the Trump administration. Refineries are currently required to blend […]

By P.J. Huffstutter

Feb. 11, 2020 at 12:19 pm CST

Chicago | Reuters — Green Plains Inc., one of the biggest U.S. ethanol producers, is planning to flip its business model upside down to survive a crash in prices for the corn-based fuel. The company will invest some $400 million in the next two to three years at its 13 […]

By Mark Weinraub