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
Category: Biofuels
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... Read More
Renewable Industries Canada is asking the Canadian government to give ethanol a fair shake after a "retooled" Clean Fuels Fund (CFF) made ethanol and e-methanol producers ineligible for funding. In the September budget, the Liberals committed $776 million for a retooled CFF to drive production of renewable diesel, sustainable aviation fuel, and renewable natural gas,... Read More
In agriculture, finding a new use or market is typically a win-win. In the case of canola, the meal created after the oil extraction makes great dairy cattle feed. The oil itself also has several uses, including as cooking oil or as a feedstock for biofuel. In fact, even used canola oil can also become... Read More
Let's hope grain markets fare better than the Winnipeg Jets did in Game 2 of their Stanley Cup playoff game last night, but if they don't Jon Driedger, disappointed Jets fan and market analyst with Leftfield Commodity Research, says there's still reasons to sell small into price rallies. Where are we at right now? Big... Read More
The development of Canada's biofuel sector was highlighted in the Canadian government's 2024 budget announced on April 16th, but ethanol was notably absent from the list of renewable fuel categories that will receive support. The budget included a commitment of $776 million for a retooled Clean Fuels Fund to drive production of renewable diesel, sustainable... Read More
Farmers sitting on unpriced grain aren't going to love this week's market report from Neil Townsend, market analyst with Grainfox. But not liking it doesn't change the facts: there's plenty of grain out there and buyers know they can get what they need at a lower price than many want to accept. Townsend, in this... Read More