U.S. ethanol sector profits from cut in imports

MONTREAL – Profitability has returned to the North American ethanol sector after a long hiatus, according to a number of reports. A Credit Suisse study says U.S. ethanol profits are on the rise as imports from Brazil have plummeted, according to a story from Reuters. With sugar prices at a 28 year high, more Brazilian […] Read more

Feds back-pedalling on high blends

MONTREAL – Government briefing notes show Ottawa is rethinking its support of high biofuel blends. Canwest News Service is reporting that a briefing note prepared for natural resources minister Lisa Raitt by her deputy minister warns the minister to exercise caution when it comes to promoting the production and use of E85 ethanol in Canada. […] Read more