Insights and Stories on Biofuel

Oct. 29, 2019 at 10:29 am CDT

The U.S. oil and corn industries will continue a long-running public battle over America’s biofuels policy on Tuesday during a Congressional hearing about the Trump administration’s use of “secret waivers” for refineries. The hearing set by the Energy and Commerce Committee will air out the grievances of two key political […]

By Reuters

Oct. 20, 2019 at 4:44 pm CDT

The federal Green Party’s plan to move Canada to zero emissions by 2050 supports the near-term use of plant-based biofuels — “but not from food that could otherwise feed Canadians.” Ahead of Monday’s federal election, the party released a climate action plan dubbed “Mission: Possible” that would ban the use […]

By GFM Staff

Oct. 15, 2019 at 4:57 pm CDT

New York | Reuters — The Trump administration, in an effort to mend fences with the powerful U.S. corn lobby, proposed a new formula on Tuesday to boost biofuels demand — but the proposal instead only provoked more consternation from the industry. Corn and soybean farmers have been angered by […]

By Stephanie Kelly

Oct. 4, 2019 at 7:00 pm CDT

Washington/New York | Reuters — The Trump administration on Friday unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil. The plan would require an unspecified increase in the amount of […]

By Humeyra Pamuk, Stephanie Kelly

Oct. 4, 2019 at 6:10 pm CDT

Chicago | Reuters — U.S. corn futures dropped on Friday while soybeans and wheat edged higher in muted trading as investors waited for the U.S. government’s monthly update to harvest projections. Corn futures remained under pressure from profit-taking after prices jumped to a seven-week high on Tuesday. The market shrugged […]

By Mark Weinraub