Reading Time: 2 minutes American biofuel producers in the first four months of the year imported Canadian canola oil at record pace, and the flow seems set to continue for now according to analysis from Farm Credit Canada. Canada exported nearly 1.4 million tonnes of refined and crude canola oil to the U.S. from January to April.
Flow of canola oil to U.S. set to hit record in 2024
JBS supplies tallow, lard for sustainable aviation fuel
Reading Time: < 1 minute Brazilian meatpacker JBS is supplying tallow and lard from its international operations for production of renewable aviation fuels, and it is studying a similar initiative in Brazil through the Friboi brand, the company said on Monday.
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
Reading Time: 2 minutes Commonwealth Bank of Australia is forecasting reduced competition from its main competitor and continued strong demand from its top export market.
Commodity Classic: U.S. corn growers await aviation fuel decision
Biden administration expected to announce within weeks if ethanol will qualify for sustainable aviation fuel tax credit
Reading Time: 2 minutes American corn growers are on pins and needles waiting to find out if corn ethanol will qualify for a lucrative sustainable aviation fuel tax credit.
Commodity Classic: ‘Strong evidence’ for old crop price rally says economist
Booming renewable diesel industry seen as a positive
Reading Time: 2 minutes Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.
US approves E15 gasoline sales expansion in Midwest starting 2025
Corn-based ethanol industry frustrated by late start date
Reading Time: 2 minutes The U.S. government said on Thursday it approved a request from Midwestern governors allowing expanded sales of gasoline with higher blends of ethanol in their states, starting in 2025.
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
Reading Time: < 1 minute The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
Manitoba earmarks funds for sustainable aviation fuel plant
The facility may produce as much as one billion litres of canola and soy-based jet fuel
Reading Time: < 1 minute Calgary-based firm Azure Sustainable Fuels Corp. plans to use Canadian feedstock like soybean and canola oils to produce as much as one billion litres of renewable aviation fuel per year, the news release added.
Biden backs ethanol industry on low-emission aviation fuel tax credits
Aviation is seen as one of the few routes to increase ethanol demand amid rising electric vehicle sales
Reading Time: 3 minutes Reuters - The Biden administration said on Friday it will recognize a methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for sustainable aviation fuel (SAF), a pivotal win for the politically powerful U.S. corn lobby.
ICE weekly outlook: Upside seen for canola prices
'Aggressive manipulation' seen as a factor
Reading Time: 2 minutes MarketsFarm — Early gains were followed by late losses on ICE Futures’ canola market during the week ended Wednesday. The November canola contract began the week at $704.60 per tonne before rising up to $725.80/tonne on Monday, then ending the week at $711.70. The January contract went in similar directions, starting at $710.10/tonne before moving […] Read more
A message from April Stewart, Country Guide's Associate Editor
