Tag: Reuters

Japan’s about-turn on US ethanol imports seen as pre-empting trade war

Japan’s about-turn on US ethanol imports seen as pre-empting trade war

April 30, 2018 |

In Brazil, Reuters reports that local ethanol producers will take a hit when Japan starts importing US ethanol instead of Brazilian, accusing the country of backsliding on its environmental commitments by choosing corn-based ethanol rather than lower GHG ethanol made from sugarcane. A Brazilian diplomat said the shift in ethanol origins was expected as Japan […]

Read More

China February ethanol imports soar to 21-month high at 197,652 cubic meters

China February ethanol imports soar to 21-month high at 197,652 cubic meters

March 27, 2018 |

In China, Reuters reports that February ethanol imports jumped to 197,652 cubic meters, the highest imports seen since May 2016, with 189,035 cubic meters coming from the US. Cheap US ethanol due to high stocks mean that landed ethanol is still profitable even with the 30% import tariff in place. Threats of boosting that import […]

Read More

Malaysia to hold up all trade negotiations with EU until palm oil issue sorted

Malaysia to hold up all trade negotiations with EU until palm oil issue sorted

March 6, 2018 |

In Malaysia, Reuters reports that the country’s minister for plantation industries and commodities told a conference it would react “with might and tact” should the European Union move forward with a policy to ban the use of palm oil for biofuel from 2021. He said the country would halt all trade negotiations with the European […]

Read More

Senator Grassley tweets about possible year-round E15 solution

Senator Grassley tweets about possible year-round E15 solution

March 5, 2018 |

In Washington, Reuters reports that after what seemed to be three failed meetings hosted by the White House last week to break the impasse over the Renewable Fuel Standard between oil and corn states, Iowa Senator Chuck Grassley took to President Trump’s favorite medium—Twitter—to announce a potential way forward could be found through year-round approval […]

Read More

US agriculture secretary swears he and Trump are pro-biofuels

US agriculture secretary swears he and Trump are pro-biofuels

March 1, 2018 |

In California, Reuters reports that the US agriculture secretary told the Commodity Classic conference the idea that he or President Trump doesn’t support biofuels is fake news. Saying they both support farmers, agriculture, biofuels and the Renewable Fuels Standard, anything else should be considered false, he said. Trump was set to meet with oil and […]

Read More

Two die in explosion at French biodiesel facility

Two die in explosion at French biodiesel facility

February 19, 2018 |

In France, Reuters reports that an explosion at the country’s largest biodiesel producer’s Dieppe facility led to the death of two workers. Another worker was injured while seven were in a state of shock. The Saipol facility produces biodiesel and other products from rapeseed and remains offline for the time being. The company said it […]

Read More

Arbitrage window opens for US ethanol into Brazil despite tariff

Arbitrage window opens for US ethanol into Brazil despite tariff

January 22, 2018 |

In Brazil, Reuters reports that just as the government is looking to drop its 20% import tax on ethanol in exchange for renewed access to the US market for its beef, the arbitrage window for US ethanol has opened again, even with the tariff still in place, thanks to increased prices domestically. As much as […]

Read More

Specialty corn buyers end up selling to ethanol market anyway

Specialty corn buyers end up selling to ethanol market anyway

January 15, 2018 |

In Illinois, Reuters reports that corn farmers who sought to move away from yellow corn for ethanol in the face of a supply glut with four-year low prices and shift into specialty corn like white corn, organic and non-GMO have instead flooded those specialty markets as well. Now, instead of $1 per bushel premiums they’re […]

Read More

October biodiesel production fell slightly to 146 million gallons

October biodiesel production fell slightly to 146 million gallons

January 1, 2018 |

In Washington, Reuters reports the Energy Information Agency data for October shows biodiesel production fell to 146 million gallons, about a million gallons less than the month prior. With 577 million pounds of soybean oil used to produce biodiesel, soybean oil remained the largest feedstock employed for the month, although it was less than September’s […]

Read More

Reuters finds Valero at the heart of push to change RFS point of obligation

Reuters finds Valero at the heart of push to change RFS point of obligation

August 21, 2017 |

In Washington, Reuters has uncovered a behind-the-scenes lobbying campaign led by Valero to build a stable of supporters in its efforts to have the point of obligation under the Renewable Fuel Standard shifted away from refiners in order for the policy move to be seen as more palatable by policymakers. Valero was apparently part of […]

Read More