Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Canada’s renewable diesel projects hit by US import surge
Fund short position in canola smallest in six months
The net fund short position in canola fell to its lowest level in six months during the week ended Oct. 22, as speculators covered bearish bets and put on new longs, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Alberta harvest wraps up
Harvest operations in Alberta are virtually complete for 2024, the province’s crop report said. Combining advanced three points to 99 per cent finished as of Oct. 22 as well as being three points above the five-year average.
U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says
Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).
Canola goes bullish
A few factors have lined up to improve the outlook for canola
Reading Time: 2 minutes Canola futures markets have improved by about $100 per tonne over the past month, trading in mid-October at their highest levels since the end of July.
Production concerns drive canola market
Output likely below StatCan estimate but StatCan and USDA remain stubbornly optimistic
Reading Time: 2 minutes An analysis of the factors pushing Intercontinental Exchange canola futures upward.
Manitoba harvest nearly done, only corn/sunflowers left
Harvest operations across Manitoba are nearly complete, with only sunflowers and corn still left to come off the fields, according to the latest provincial crop report for the week ended Oct. 22.
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
AAFC lowers canola ending stocks estimate
Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.
Fund short position in canola dips for fourth week
The net fund short position in canola declined for the fourth week in a row in mid-October, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
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