If there’s one thing that’s predictable in the current grain markets, it’s unpredictability. While farmers are not complaining about a trend reversal in the corn market to the upside, the uncertainty of what’s at play in the market does create some stress. To unpack what’s happened and what to watch for in the coming days… Read More
Category: Biofuels
A pair of ethanol companies — Greenfield Global Inc. and Alco Energy Canada (formerly IGPC Ethanol Inc) — and Grain Farmers of Ontario have founded a new coalition to champion Canada’s biofuel sector. The new organization, named the “Canadian Farms and Fuels Alliance” (or FFA), is open for additional member companies and organizations. The goal… Read More
Canola is just one of many on the list of products, services, and commodities bracing for the negative impacts of the U.S. tariff regime. With less than 30 days to negotiate ahead of the next tariff implementation deadline, the canola industry is working to get the message across to the U.S. about how canola from… Read More
The next decade holds plenty of possibilities for the Canadian canola market, but not all of them are positive. With innovations in the aviation fuel industry and expansion of biofuel refinery capacity, such as Imperial Oil developing a new facility at its Strathcona refinery near Edmonton, Alberta, canola as a biofuel is a game-changer, says… Read More
Federated Co-operatives Limited (FCL) says it is formally pausing plans to move ahead with two major projects in Regina, Saskatchewan. The proposal to build a renewable diesel production facility and a joint venture canola crush plant has been suspended for the foreseeable future “due to regulatory and political uncertainty, potential shifts in low-carbon public policy,… Read More
Without new demand for corn and soybeans, producers are facing a sideways market plateau that could last 10 years. Over the next decade, corn could be anchored in a $4.30 to $4.40 trading range and soybeans could be stuck in the same mud at $10.30 to $10.40, says University of Illinois farm management professor Gary… Read More
There isn’t an abundance of good news in grain markets right now, but there’s no shortage of things to talk about. For this RealAg Markets update, RealAg Radio host Shaun Haney is joined by Tyler Schau, with AgMarket.Net, to get a bead on how farmers are feeling about the general ag economy and to check… Read More
Bayer and Neste, a producer of sustainable aviation fuel (SAF) and renewable diesel, have signed a memorandum of understanding (MOU) to jointly scale winter canola as a biomass-based feedstock for renewable products, such as biofuels. Within the collaboration, the companies will develop a winter canola ecosystem in the Southern Great Plains of the U.S, including… Read More
Canada’s canola and canola processing industries have been keeping a close eye on how the United States under President Joe Biden will address biofuel feedstocks through the Inflation Reduction Act; however, Reuters reports that Biden may leave office without finalizing the tax credit guidelines included in section 45Z. Reuters reported Tuesday that the current U.S…. Read More
The North American renewable fuel industry is waiting for answers from both the outgoing and incoming administrations in the U.S. to big policy questions that will have a major impact on future demand for crops as feedstocks. President-elect Trump’s nominee for leading the Environmental Protection Agency — New York congressman Lee Zeldin — has a history… Read More