Roughly 2.5 million tonnes of canola seed equivalent stocks are now used for biofuel markets in Canada, the U.S. and the European Union.

Canola sector anticipates biofuel boom

Renewable fuels could give canola demand ‘unprecedented’ growth

Reading Time: 5 minutes Glacier FarmMedia – Increased demand driven by the biofuels market will put upward pressure on canola prices. The biofuels industry could drive canola demand into uncharted territory in the coming decade, says one industry expert. “The capacity of crush could grow from 11.3 million metric tonnes today to 18 million metric tonnes in three or […] Read more