Insights and Stories on Ethanol

Mar. 11, 2020 at 3:01 pm CDT

Chicago | Reuters — Chicago corn and wheat futures declined on Wednesday, following as Wall Street equity markets fell sharply on fears of the coronavirus causing a global recession and a lack of immediate U.S. measures to counter the economic fallout. Soybean futures turned lower, erasing early advances tied to […]

By Julie Ingwersen

Mar. 9, 2020 at 4:06 pm CDT

Reuters — Some ethanol producers worldwide said demand is up for their products due to customers stockpiling hand sanitizer — which can be made using the biofuel — as the coronavirus outbreak worsens. The COVID-19 coronavirus has infected more than 110,000 people in 105 countries and territories and 3,800 have […]

By Mark Weinraub, Stephanie Kelly

Mar. 6, 2020 at 5:57 pm CST

Chicago | Reuters — U.S. grain and soybean futures fell on Friday as the spread of the new coronavirus triggered broad selling in commodities and equities. Wall Street tumbled as fears of economic damage intensified with the global tally of cases crossing 100,000. Financial markets view the virus, which causes […]

By Tom Polansek

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