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U.S. EPA proposal likes canola oil for renewable fuel

A final EPA decision is expected this summer, which, if favourable, could add new demand for Canada's premier oilseed

Canola has another feather in its cap — one which is expected to put more money in farmers’ pockets. In a ‘proposed decision’ released in April the U.S. Environmental Protection Agency (EPA) recognized canola oil’s value as an environment-friendly alternative to fossil-based fuel — a move that’s expected to add new demand for the crop. […] Read more


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U.S. EPA allows temporary summer sales of higher-ethanol fuel

Waiver seen as score for corn growers

New York | Reuters — The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt to help lower gasoline prices at the pump. The move represents a temporary win for the biofuels industry and corn farmers, as it will likely […] Read more

CBOT May 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn, wheat climb on Ukraine woes, U.S. biofuel plan

May soybeans also close higher

Chicago | Reuters — U.S. corn, wheat and soybean futures rose on Tuesday on worries about the Russia-Ukraine conflict persisting and disrupting Black Sea grain exports, and optimism about increased demand for biofuels, analysts said. U.S. President Joe Biden will unveil plans to extend the availability of higher biofuel blends of gasoline during the summer […] Read more


CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans reach seven-month peak

Oil strength, South American crop worries lift soy; CBOT corn up, wheat down

Chicago | Reuters — U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm oil prices. Concerns about a reduced South American harvest and exports from top soy supplier Brazil offered further support, with strength spilling over into corn […] Read more

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Bunge raises 2021 profit outlook on higher food, renewable fuel demand

Bunge Ltd reported stronger-than-expected third-quarter results and raised its full-year profit outlook on Wednesday for a third time this year amid improved demand for food and renewable fuel as pandemic restrictions have eased. Although volumes in the U.S. agricultural commodities trader’s core agribusiness and its refined and specialty oils units were down, robust oilseed processing […] Read more


The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018.
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ADM profit more than doubles on strong crush margins, vegoil demand

Global grain trader Archer-Daniels-Midland Co said on Tuesday its third-quarter profit more than doubled, as strong oilseed crushing margins and rising vegetable oil demand boosted its core agricultural services and oilseeds unit. The Chicago-based U.S. grains merchant is anticipating the favorable demand and margin environment to continue supporting results in the fourth quarter and foresees […] Read more

CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans ease as Midwest’s rains seen boosting crop

CBOT December corn up, wheat down

Chicago | Reuters — U.S. soybean futures fell for a second straight session on Friday as rains were seen boosting harvest prospects in some dry areas of the Midwest farm belt. Wheat futures fell on profit-taking and spillover pressure from lower soybeans, although concerns about global supplies limited declines. Corn was lower much of the […] Read more


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U.S. EPA recommends lowering 2020 biofuel mandates retroactively

Agency not confirming or denying sources' statements

Reuters — The U.S. Environmental Protection Agency has recommended retroactively lowering biofuel blending mandates for 2020, two sources familiar with the matter said, after the agency on Thursday sent a proposal on the mandates to the White House for review. The move could provide immediate relief to oil refiners that have to comply with the […] Read more

CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and black lines). (Barchart)

CBOT weekly outlook: Factors worth watching

Oats showing recent strength

MarketsFarm — Choppiness in Chicago Board of Trade (CBOT) soyoil, a potential increase in corn prices and an upcoming production report from Statistics Canada are factors on which grains analyst Terry Reilly suggests keeping an eye. Soyoil has been hit by early reports that the U.S. Environmental Protection Agency was going to recommend to the […] Read more