Reading Time: 2 minutes Global biodiesel/renewable diesel production is expected to decline for the first time in a decade. Bad timing for a canola industry looking for new markets.
Rising vegetable oil demand may offset bad biofuel news
Global biodiesel/renewable diesel demand for canola oil to slump, but overall vegetable oil demand seen increasing
U.S. biofuel policies bearish for Canadian oilseeds but opportunities in sight says FCC
Farm Credit Canada reports on biofuel trends to watch amid continued U.S. policy wrangling
While U.S. policy changes may reduce demand for Canadian canola and biofuel exports, but a Farm Credit Canada economist says other renewable fuel opportunities could spur growth.
Alleged dumping of U.S. renewable diesel didn’t hurt Canadian industry, tribunal says
The Canadian International Trade Tribunal ruled that evidence doesn't suggest apparent dumping and subsidization of U.S. renewable diesel hurt domestic industry.
US oil, biofuel group recommends 5.25 billion gallons in biomass diesel mandates, sources say
A U.S. and biofuel coalition recommended that the Environmental Protection Agency propose federal mandates for biomass diesel blending for 2026 at 5.25 billion gallons, which would be a significant increase from previous mandates, two sources familiar with the matter said.
North American biofuels sector contracts amid trade and policy uncertainty
U.S. and Canadian biofuel companies are throttling back production to limit losses amid uncertainty over U.S. President Donald Trump's approach to green fuel subsidies and the potential for a worsening trade war.
Canada launches anti-dumping investigation on U.S. renewable diesel
Investigation unrelated to ongoing trade dispute with U.S. says Tidewater Renewables
Canada will investigate whether imports of U.S. renewable diesel are being dumped and subsidized, the Canadian Border Service Agency announced on Thursday.
U.S. Treasury releases guidance on clean fuels tax credits
The United States Department of the Treasury together with the Internal Revenue Service released much-anticipated short-term guidance on tax credits for biofuels on Jan. 10, giving the soyoil market a boost to end the week.
US biofuel producers ramped up in Oct as profitability improved, data shows
U.S. renewable diesel producers utilized 77 per cent of their total operable capacity in October, the highest since July 2024, the data showed. Biodiesel plant utilization rose to 89 per cent, the highest since June 2023.
Trump trade policy seen as wild card for US soybean farmers, opportunity for crushers
American farmers are worried that President-elect Donald Trump's sweeping tariff plans will curb their access to top soy buyer China, but tariffs could also lure companies to build more U.S. crushing plants, hungry for domestic supplies.
Canada’s renewable diesel projects hit by US import surge
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.