Articles Tagged with ''ethanol''

Without government relief, some analysts are sharply lowering their estimates of net farm income because of the impact of the COVID-19 crisis on agricultural markets, with the livestock sector and corn growers bearing much of the hit.

Department of Agriculture officials dropped corn used to produce ethanol by 375 million bushels in this month’s World Agricultural Supply and Demand Estimates report released Thursday, while raising corn, soybean, and wheat ending stocks.

Over 100 biofuel plants across the country are fully idling or cutting production rates as gas prices fall because people are staying at due to the COVID-19 outbreak and major oil producers feud over output.

China has been making strides in living up to the promises it made in the “phase one” trade deal that went into effect February, but imports of U.S. ag commodities are still far below levels than many were hoping for.

POET, the largest U.S. biofuels company, is shutting down ethanol production at three facilities in Iowa and South Dakota and postponing the opening of another plant that was set to begin producing in Indiana, the company said Tuesday.

A deadline to appeal a ruling striking down waivers from the biofuel mandate came and went, and biofuel groups are cheering the fact that the Trump administration has not asked for a rehearing of the case.

Two oil refiners have asked a federal appeals court to reconsider its decision restricting EPA’s ability to grant waivers to the Renewable Fuel Standard.

A major biofuel producer has stopped purchasing corn at some of its ethanol plants as the industry grapples with slipping demand and more consumers stay at home during the coronavirus outbreak.

As fuel prices begin to drop nationwide, ethanol and biodiesel plants are making hard decisions as to whether to shut down or idle production.

China, continuing to live up to promises made in the “phase one” trade deal, is working with the U.S. to finalize certification for hundreds of U.S. beef processing plants as well as approve a wide variety of beef cuts and beef products in preparation for a resumption in trade.