NEW YORK - In a long-running battle between oil refiners and the U.S. farm lobby over the future of ethanol fuel, biofuel producers may have just made a small, but important dent in big oil's formidable defenses.
Investors have high hopes for Novozymes and the enzymes it makes to improve chemical processes in a variety of industries, but analysts warn of pitfalls in a growth strategy reliant on a biofuel sector still in its infancy and unproven farming biotechnology.
The U.S. Environmental Protection Agency (EPA) has sent blending targets for the country's renewable fuels program to the White House for review ahead of a fast-approaching June 1 deadline for publicly releasing its proposal, according to industry sources.
U.S. ethanol production is likely to continue at a record rate despite its rare premium to gasoline as cheap corn, high biofuel prices and even cool weather provide ideal conditions and strong profit margins.
An Environmental Protection Agency decision to delay setting Renewable Fuels Standard targets until February 2015 is bad news for the industry because it creates uncertainty for the ethanol and biodiesel markets.
The U.S. Environmental Protection Agency deceitfully created E10 blend wall destroys free enterprise’s role deciding corn prices because it locks a potential new 5-billion-bushel demand for corn out of the market.
France’s Veolia Environnement expects revenue from food and agricultural firms to grow by more than 50 percent to 1 billion euros ($1.4 billion) in a few years from 650 million in 2012 as regulation and cost-cutting drive them to recycle.
Robert Stover has been raising corn all his life in eastern North Dakota.
His grandfather, Frank Stover, brought ears of corn with him from Indiana when he moved to the Larimore, N.D., area in 1901, and subsequent generations of the Stover family have kept raising it.
WASHINGTON — In December, when the first new Massey Ferguson tractor built in America in many years rolled off the AGCO assembly line in Jackson, Minn., it was a sure sign that the farm economy is helping to lead the economic recovery in Minnesota and across the country.
WASHINGTON — With gas prices ticking ever-higher and the summer months approaching, no relief is in sight. Gas prices affect not only your cost at the pump, but also the cost to transport goods you use in everyday life, such as food and clothing. With an economy that is slowly recovering, spikes in the price of fuel could spell disaster. Congress needs to act to ensure our economic recovery is not derailed.
FARGO, N.D — With planting less than a month away, a company hoping to contract with farmers in 2012 to convert sugar beets into ethanol at a defunct corn-based ethanol plant in Grafton, N.D., has only about 400 acres of its 12,000-acre goal, officials say.
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