diesel Archives - Page 4 of 6

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Trump said considering counting ethanol exports toward quotas

By GFM Network News May 9, 2018

New York | Reuters — U.S. President Donald Trump told a group of senators on Tuesday he is considering allowing exported ethanol to count toward the volumes mandated under the nation’s biofuels law, a move intended to appease both Big Oil and Big Corn by cutting the refiners’ regulatory costs while preserving demand for corn. […] Read more

General, Machinery, Markets

Enjoy stable diesel market while you can, analyst says

By GFM Network News March 13, 2018

CNS Canada — The short-term outlook for the diesel market in North America calls for current prices to remain largely untouched through spring planting — but it could change drastically after that. According to Tom Kloza of the Oil Price Information Service in New Jersey, prices for diesel could even get higher than crude oil. […] Read more

General, Machinery, Markets

Rising diesel could surge with U.S. infrastructure plan

By GFM Network News January 31, 2018

CNS Canada — Diesel costs in Western Canada are roughly eight to 10 cents higher on average than anytime in 2017, and an industry expert warns that gap could grow even more with a potential surge of U.S. construction. “I think we’re already seeing more evidence of a robust, consumption-driven U.S. as more disposable income […] Read more

Ford expects its 3.0-litre Power Stroke diesel engine to provide drivers with highway fuel efficiency of 30 miles per gallon on its 2018 F-150 diesel pickup. (Ford.ca)

General, Machinery, Reuters

Ford to launch diesel truck to grab fuel economy edge

By GFM Network News January 9, 2018

Detroit | Reuters — Ford Motor Co. plans this spring to offer a diesel engine version of its best-selling F-150 pickup truck, looking to gain a marketing edge as its main rivals ramp up more efficient pickups of their own. Ford executives said they expect the F-150 diesel model with a 10-speed transmission to achieve […] Read more

Crops, Machinery, Markets

Diesel prices poised to rise in new year

By GFM Network News November 28, 2017

CNS Canada — The lingering effects of two large hurricanes in the U.S. continue to be felt in the diesel market as harvest winds down throughout North America. In particular, Hurricane Harvey was a disruptive force on the U.S. energy market as it temporarily halted production at refineries. Both gas and diesel prices rose in […] Read more

Crops, Machinery, Reuters

Storms worsen summer slump in U.S. diesel supply

By GFM Network News September 15, 2017

New York | Reuters — U.S. diesel stockpiles did something this year that has never happened in the summer before: They shrank. And that was even before Hurricane Harvey landed, knocking out a quarter of U.S. refining capacity, crippling production of fuel products. Thanks to surprising summer demand, particularly from exports, inventories of diesel, jet […] Read more

Motiva Enterprises’ facility at Port Arthur, Tex. is the largest fuel refinery in North America. (Motiva.com)

Crops, Machinery

Diesel prices could rise further in Harvey’s wake

By GFM Network News September 7, 2017

CNS Canada — Diesel prices in Western Canada have risen by about six to seven cents a litre since Hurricane Harvey ravaged the petroleum-rich Texas coast. An expert with the fuel industry says harvest pressure will likely keep the diesel market from correcting downward, and push prices up a bit more. “So (the market) appears […] Read more

Corn, Reuters

Court decision may boost biofuels, hit refiners

By GFM Network News July 28, 2017

New York / Reuters – The U.S. government may have to require more biofuels to be blended into the country’s fuel supply after a court ruled on Friday that the mandates must be reconsidered, a decision that boosted renewable fuel credits to seven-month highs on financial markets. The decision sank stock prices of independent refiners […] Read more

Crops, Reuters

U.S. proposes cutting biofuels requirements due to ‘market realities’

By GFM Network News July 6, 2017

New York | Reuters — The U.S. government on Wednesday proposed reducing the volumes of biofuel required to be used in gasoline and diesel in 2018, in a move that could mark the first step towards a broader overhaul to the controversial energy policy. The U.S. Environmental Protection Agency (EPA) proposal marked a slight decline […] Read more

Crops, Machinery, Markets

Diesel prices soften, but watching U.S. infrastructure plan

By GFM Network News March 21, 2017

CNS Canada — Sinking prices for crude oil and a softer Canadian dollar have kept diesel prices relatively low for Canadian farmers in 2017, and they could be heading lower, as long as U.S. President Donald Trump’s infrastructure plan doesn’t get in the way. “I would probably say in Canada you’re going to see numbers […] Read more

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

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