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The Latest Breaking News from Ethanol

Sugar Finishes Higher on Strength in Crude and the Brazilian Real

July NY world sugar #11 (SBN23 ) on Friday closed up +0.80 (+3.13%), and Aug London white sugar #5 (SWQ23 ) closed up +17.90 (+2.57%). Sugar prices Friday rallied sharply. A more than +4% jump in crude prices (CLM23 ) Friday helped push sugar higher. Higher crude prices benefit ethanol...

Barchart

Facing revolt, GOP spares ethanol in drive to cut spending

House Republicans are touting their debt limit package as a first step toward fiscal restraint

The Independent UK

EPA allows gasoline with higher ethanol blend during summer

Fuel stations throughout the country will be able to sell gasoline blended with 15% ethanol during the summer under an emergency waiver issued by the Environmental Protection Agency

The Independent UK

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Ethanol Subsidies Could Trip Up Debt Ceiling Negotiations

Plus: Home equity theft at the Supreme Court, New York shows how not to legalize marijuana, and more...

Reason

Fight over ethanol threatens Kevin McCarthy's debt ceiling bill

It only takes five GOP “no” votes to tank the bill.

Axios

How are Oil and Sugar Connected?

Sugar and crude oil, the soft and energy commodities, correlate for two reasons. As members of the commodities asset class, sugar and oil prices often move in the same direction during secular raw material bullish or bearish market trends. However, sugar’s role in Brazilian ethanol production makes the sweet commodity…

Barchart

Tesla And Other EV Makers Could Disrupt US Agricultural Market

The US produces around a third of the global corn supply, and over 40% of that corn crop is used for ethanol production. EVs mean a decreasing need for ethanol.

InsideEVs

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Fractured rail found after fiery Minnesota derailment

Federal investigators say BNSF railroad is analyzing a section of fractured rail found after last month's fiery derailment that prompted evacuations in southwest Minnesota

The Independent UK

Midwest wants to sell ethanol in summer

Ethanol was sold for years as a “climate-friendly” fuel, but research says it could harm the planet and your health

Salon

Q1 2023 and Beyond- Energy

The energy sector of the commodities market includes crude oil, gasoline, heating oil, natural gas, and ethanol contracts that trade on the CME’s NYMEX division. The energy sector led the way on the downside in Q1 2023 with gains in gasoline and ethanol and significant declines in the crude oil,…

Barchart

Why Are Rising Energy Prices Bullish for Corn?

The U.S. is the world’s leading corn producer and exporter. Corn prices declined from the March 2022 high but remained elevated in early April 2023 at the beginning of the 2023 crop year in the northern hemisphere. Corn is food and fuel, and rising oil and gasoline prices put upward…

Barchart

Strength in Crude Oil Underpins Sugar Prices

May NY world sugar #11 (SBK23 ) on Tuesday closed up +0.07 (+0.31%), and May London white sugar #5 (SWK23 ) closed up +3.40 (+0.54%). Sugar prices Tuesday closed moderately higher but remained below Monday's significant highs. On Monday, NY sugar rallied to a 6-1/2 year nearest-futures high, and London...

Barchart

Sugar Prices Follow Crude Oil Higher

May NY world sugar #11 (SBK23 ) on Monday closed up +0.15 (+0.67%), and May London white sugar #5 (SWK23 ) closed up +3.10 (+0.49%). Sugar prices Monday posted moderate gains, with NY sugar climbing to a 6-1/2 year nearest-futures high and London sugar climbing to a 10-1/2 year high...

Barchart

Cleanup begins after fiery Minnesota ethanol derailment

Workers have started removing contaminated soil and damaged railcars left behind after Thursday's fiery train derailment in southwest Minnesota

The Independent UK

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The Independent UK

Fiery derailments renew Americans' focus on railroad safety

Americans are focusing more on railroad safety after two recent fiery derailments in Ohio last month and in Minnesota this week

Barchart

Sugar Rallies as Global Supplies Tighten

May NY world sugar #11 (SBK23 ) on Friday closed up +0.29 (+1.32%), and May London white sugar #5 (SWK23 ) closed down -0.40 (-0.06%). Sugar prices Friday settled mixed, with NY sugar climbing to a 6-1/3 year nearest-futures high. The outlook for tighter global sugar supplies is underpinning sugar...

Barchart

Sugar Prices Soar on the Outlook for Tighter Global Supplies

May NY world sugar #11 (SBK23 ) on Thursday closed up +0.71 (+3.34%), and May London white sugar #5 (SWK23 ) closed up +12.30 (+1.99%). Sugar prices Thursday rallied sharply, with NY sugar posting a 1-month high and London sugar jumping to a 10-1/2 year nearest-futures high. The outlook for...

The Independent UK

Cause of death revealed for Georgia father found rolled up in carpet in Louisiana

‘Our toxicology test results show the presence of fentanyl, cocaine and ethanol in Mr Millard’s system,’ report says

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Tribune News Service

Train derails, catches fire in Raymond, Minn.; residents return home after middle-of the-night evacuation

RAYMOND, Minn. — Residents in this small west-central Minnesota town were woken in the middle of the night by first responders pounding on doors and cellphones warning them to evacuate after a train carrying ethanol and corn syrup derailed and caught fire.

WEKU

A train carrying ethanol derails and catches fire in Minnesota, evacuation lifted

Twenty-two cars, including 10 carrying ethanol, derailed west of Minneapolis; four are on fire. The derailment's cause is under investigation.

Tribune News Service

Residents evacuated after train carrying ethanol derails, catches fire in Raymond, Minn.

MINNEAPOLIS — A BNSF train carrying ethanol and corn syrup derailed and caught fire in the west-central Minnesota town of Raymond early Thursday, and residents living near the scene were being evacuated, the Kandiyohi County Sheriff's Office said.

The Independent UK

Fiery train derailment in Minnesota prompts evacuations

Authorities say a train hauling ethanol and corn syrup has derailed and caught fire in Minnesota and nearby residents have been ordered to evacuate from their homes

The Independent UK

Minnesota residents evacuated from homes as train carrying ethanol derails and catches fire

Cargo train derailed at around 1am on Thursday morning in the town of Raymond, Minnesota

Tribune News Service

Challenger SRT Demon 170 is 'new pinnacle of factory-backed crazy' in Dodge 'Last Call'

An up to 1,025-horsepower Dodge Challenger Demon that can travel the quarter mile in under nine seconds and requires the signing of a waiver to purchase marks the end of the Hemi-powered muscle car as the brand moves into a new era of performance.

Bangkok Post

Ethanol tax incentives mulled

The Finance Ministry stands ready to use tax measures to support the use of ethanol to produce bio-ethylene, a major feedstock used for making bio-based polyethylene, says a ministry source who requested anonymity.

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