Soybean seeds.

Biofuel policies will alter grain price structure

Boom likely to spill into lower meal prices, animal nutrition conference hears

Reading Time: 4 minutes Governments are making legislative overtures to boost production of biofuels. In Canada, that includes the Canadian Clean Fuels Regulation, which lays out rules for fuel production and aims to encourage development of cleaner fuels and limit greenhouse gas emissions.



Photo: Canstock

Canada’s crush boom to benefit Aussie canola

A significant increase in domestic crush capacity is expected to lower exports and reduce competition for Australia

Commonwealth Bank of Australia is forecasting reduced competition from its main competitor and continued strong demand from its top export market.







Photo: Reuters/Mike Blake

Renewable diesel plans questioned

Conventional diesel is still cheaper than biodiesel: analyst

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


Canola

Latest federal economic update light on ag mentions

Biofuel-related tax credit among few interest pieces

Reading Time: 2 minutes While a brief item on right to repair generated opposing views in late November, other ag mentions were light as the federal government unveiled its 2023 Fall Economic Statement Nov. 21. A search of the 141-page document for the term “agriculture” revealed only a handful of results. One of the few sections of interest for […] Read more

Louis Dreyfus to build Ohio soy crush plant

Louis Dreyfus to build Ohio soy crush plant

Reading Time: < 1 minute Louis Dreyfus will build a soybean-processing plant in Ohio, the global crop merchant said recently, adding to a booming expansion of oilseed crushing in North America encouraged by biofuel use. Dreyfus intends to start construction in early 2024 on the facility in Upper Sandusky that will have annual soy-crushing capacity of 1.5 million tonnes, the company said […] Read more