World stocks of the crop, excluding China, have declined for four straight years and inventories are at their lowest level in 15 years. That will […]
News
Corn Futures Firm for Export Sales
Morning corn prices are up by a penny to 1 ¾ cents so far heading into the last trading day of the week. The front […]
Biden Grants Gas Policy Shift to Boost Ethanol in Corn Belt
The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol — but delayed the shift until next year amid concerns […]
In Contrast to Hungary, Romania Cannot Get Enough of Ukrainian Wheat
Grain traders have imported one million tons of Ukrainian wheat to Romania this season. This makes Romania the second largest export market for Ukrainian wheat […]
Carmakers’ EV Enthusiasm Fizzles Out
Carmakers in the United States have been eager to help advance the EV agenda in the past half a decade or so. Ford, GM, and […]
Kazakhstan Fines Oil Firm for One of the Largest Emissions of Methane in History
A state environmental agency in Kazakhstan has fined an oil company in the west of the country $780,000 over a prolonged fire at one of […]
A Ban on LNG Exports Could Boost Carbon Emissions
President Biden recently announced a “temporary pause on pending approvals of liquefied natural gas exports.” This announcement comes on the heels of news that in […]
Loophole Allowed Russia to Earn $1.2 Billion From Fuel Sales to the EU
An EU sanctions loophole that allows imports of Russian crude if it’s refined elsewhere made Russia an estimated $1.2 billion (1.1 billion euros) from sales […]
Russian Rosneft Posts Nearly 50% Surge in Profits for 2023
Russian state-run oil company Rosneft has reported a nearly 50% jump in net profits for 2023, Reuters reports, hitting over $14 billion despite Western sanctions […]
Equinor Signs 15-Year LNG Supply Deal With Indian Firm
Equinor has signed a 15-year agreement to supply LNG to India’s Deepak Fertilisers, which will use the gas mainly as a feedstock for ammonia production […]