Reading Time: 3 minutes The renewable diesel math does not add up, according to one economist. Excitement around biofuels has been high in both Canada and the U.S., with organizations like the Canola Council of Canada flagging the fledgling market as a potential major driver of demand in coming years. Biofuels “seem to be taking the front-and-centre space for […] Read more
Renewable diesel plans questioned
Conventional diesel is still cheaper than biodiesel: analyst
Early signs point to increased crop production in 2024/25: AAFC
Rotation, moisture, expected prices, costs among main factors expected in seeding decisions
A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.
Carbon intensity is ‘game changer’
To stay competitive, canola will have to improve its score
Reading Time: 4 minutes Glacier FarmMedia – Bob Larocque had one takeaway from his presentation at Canola Week 2023. “Remember carbon intensity because that’s the game changer,” said the president of the Canadian Fuels Association. That factor will help determine the value of canola when large volumes of the crop are being consumed by the renewable diesel sector. His […] Read more
Western Canada’s dry winter heralds worsening drought for 2024
Oil and gas, hydro, forestry, sports affected alongside agriculture
Canada's abnormally dry winter is worsening drought conditions across the western provinces, where most of the country's oil, gas, forest products and grain are produced.
Company seeks stinkweed acres in the U.S.
Fit seen in renewable diesel feedstock market, Canola Week told
Reading Time: 2 minutes Kevin Cook wants farmers to grow more weeds. He is the vice-president of breeding at CoverCress Inc., a company that has successfully converted stinkweed, also known as pennycress, into a viable winter oilseed cover crop. The initial target market will be the central United States but it could eventually make its way north to Western […] Read more
Speculative short position hits new record in canola
Soybeans hit largest net short position since March 2020
Speculators were back adding to their large net short position in canola to start 2024, taking the bearish bet to a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
How to safely check your grain bins for spoilage
Reading Time: < 1 minute The Canola Council of Canada has had reports of canola spoilage. There are three main ways to check grain bins and prevent it. Be careful and consider safety when climbing bins to probe grain and use appropriate safety equipment such as a harness.
Levy boosts, program cuts on Alberta Canola table
Producer group faces fourth deficit budget in five years
Reading Time: 4 minutes Facing a $1.1 million deficit, Alberta Canola members have two options: cut programs or increase farmer-supported service charges, commonly known as levies. The dilemma was brought up in a recorded message from Rick Taillieu, director of engagement and analytics with Alberta Canola, at the organization’s online grower engagement meeting Dec. 19. “The challenge is getting […] Read more
FCC’s top economic charts to monitor in 2024
Downward trends for cattle, swine herds; positive bent to feed, fertilizer affordability
As we start the new year amid elevated inflation and major headwinds facing the economy, here are our top charts to help make sense of the economic environment for farm operations, agribusinesses and food processors.
Sask. canola, flax groups vote to merge
SaskCanola and SaskFlax have been sharing offices, admin for about a year
Producer support for the merge of SaskCanola and SaskFlax was "overwhelming," the groups said in a Jan. 10 news release. The organizations held a joint annual general meeting to share results of member feedback before taking the issue to a vote. The vote passed with "widespread approval," the release said.
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