Reading Time: 3 minutes New York | Reuters — The head of the Renewable Fuels Association says billionaire investor Carl Icahn told him last week U.S. President Donald Trump was about to issue an order overhauling the U.S. biofuels program — something both Icahn and the White House have denied. Confusion over Trump’s plans for the Renewable Fuel Standard […] Read more

Ethanol group, Icahn clash over details of U.S. biofuel negotiation

Macquarie to buy Cargill’s global oil business
Reading Time: < 1 minute Houston | Reuters — Australian bank Macquarie Group is planning on buying Cargill’s global oil business, according to people familiar with the matter, marking the second energy business the global commodities trader has shed this year. Terms of the deal have been agreed upon, but the integration could take several weeks or longer, one of […] Read more

Canola’s rally pushes cash prices higher
Reading Time: < 1 minute CNS Canada — Canola cash prices notched gains with recent news out of the U.S., but the market remains rangebound, and near-term support is likely to run dry. Canola cash prices were supported by a two-day rally in the futures, said Mike Jubinville of ProFarmer Canada, but crushers have widened out the basis for nearby […] Read more

Incentives urged to match organic supply to demand
Reading Time: 2 minutes Canadian governments will need to come up with incentives for farmers going organic if they want domestic supply to keep up with domestic demand, a national organic sector group warns. The Canada Organic Trade Association on Wednesday released data showing 5,053 certified organic operations in Canada, accounting for 2.43 million acres of land, at the […] Read more

Canola’s impact shown throughout Canadian economy
Reading Time: 2 minutes CNS Canada –– Like a rock thrown in a lake creates ripples on shore, a new study commissioned by the Canola Council of Canada shows the sector’s impact is growing larger — causing ripples to turn to waves. Canola’s value to the Canadian economy has tripled over the past decade to $26.7 billion a year, […] Read more

ICE weekly outlook: Canola rises amid biofuel uncertainty
Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts recorded substantial gains during the week ended Wednesday, on speculation the Trump administration would alter biofuel regulations in the U.S., which sparked a flurry of buying. So far the specifics of any changes have yet to be announced, but already some in the industry believe the U.S. […] Read more

White House denies Trump order on biofuels program
Reading Time: 3 minutes Reuters — The White House on Tuesday denied that U.S. President Donald Trump planned to issue an executive order to change the national biofuels program, after the U.S. Renewable Fuels Association (RFA) said Trump’s team had informed the group an order was pending. Trading in U.S. refinery shares, fuel futures and corn prices was turbulent […] Read more

Falling farm gate prices highlight ‘long overdue’ topic
Reading Time: 3 minutes CNS Canada — Statistics Canada’s latest Farm Product Price Index marks a year of annual declines, predominantly led by the cattle sector. The whims of the market are one source of losses, but two producer group heads say the data call attention to the country’s processing sector. Year-over-year declines in Canada’s Farm Product Price Index […] Read more

Real results from public canola research
Potential benefits include genetic resistance to sclerotinia and clubroot
Reading Time: 4 minutes Publicly funded canola genetics research is producing results in Canada. I recently heard presentations from the following scientists and was impressed with the potential for each project to increase yield or lower input and management costs for Canadian canola farmers. A new way to produce pure seed Tim Sharbel, a molecular evolutionary biologist at the […] Read more

Who’s to blame?
Variable-rate technology is getting adopted, but not nearly as quickly as many farmers would like. Finally, this may soon change.
Reading Time: 9 minutes When variable-rate technology first came onto our radars roughly 20 years ago, it was supposed to revolutionize agriculture. We’re still waiting. But maybe not for much longer. In fact, maybe we don’t have to wait any longer at all. The advanced equipment systems needed for variable-rate technology have started to become available in the past […] Read more