diesel Archives | Canadian Cattlemen

Diesel prices expected to trend lower

By Marlo Glass – MarketsFarm, GFM Network News March 7, 2020

MarketsFarm — Canadian producers may enjoy a lower diesel bill during spring seeding, as reductions in demand have weighed on diesel prices across North America. Patrick DeHaan, head of petroleum analysis for GasBuddy, said retail diesel prices are down by about 10 to 15 cents per litre since the beginning of the year. The drop […] Read more

Crops, Machinery, Reuters

Canada to cut speed limits for trains hauling dangerous goods

New curb follows another Saskatchewan crash, fire

By David Ljunggren, Rod Nickel February 6, 2020

Ottawa/Winnipeg | Reuters — The federal government said Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway (CP) crude oil train derailed and caught fire. The accident, which happened in the early hours of Thursday near Guernsey, Sask., about 40 km south of Humboldt, was the second […] Read more

General, Machinery, Markets

New environmental rules expected to further lift diesel prices

By Marlo Glass – MarketsFarm November 19, 2019

MarketsFarm — Diesel prices in Canada and the U.S. have increased marginally ahead of winter, which is expected for this time of year — but in the New Year, prices on the farm will likely be higher than normal, as the ocean freight industry adopts new environmental standards. While a farmer’s demand for diesel is […] Read more

Crops, Machinery, Reuters, Weather

U.S. diesel prices hit three-year low as harvest delays feared

By Stephanie Kelly October 10, 2019

New York | Reuters — Diesel prices in the U.S. Midwest have sunk to a three-year seasonal low as farmers in the region face adverse weather conditions, further complicating an already delayed harvest season, traders and farmers said. Diesel demand typically rises during harvest season because farming equipment and trucks transporting product use the fuel. […] Read more

Crops, Machinery, Markets, Reuters, Weather

U.S. Midwest floods to weigh on diesel demand come harvest

By Stephanie Kelly July 10, 2019

Putnam County, Ill. | Reuters — A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said. Heavy storms that lingered over the Midwest left millions of acres unseeded and put crops that were planted late […] Read more

Crops, Machinery, Markets

New marine fuel rules to boost diesel prices for at least a year, analysts say

By Erwin Seba June 10, 2019

Houston | Reuters — Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulphur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said. Marine fuels containing no more than 0.5 per […] Read more

Crops, Machinery, Markets

Rising diesel prices coming

By Glen Hallick - MarketsFarm April 3, 2019

MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — that is, the International Marine […] Read more

Crops, Reuters

U.S. EPA changed rules to help refiners get biofuel waivers, suit alleges

By Jarrett Renshaw March 7, 2019

Reuters — U.S. environmental regulators quietly changed the way they assess applications from refineries for waivers from the nation’s biofuels law, making it possible for highly profitable plants to secure lucrative exemptions, according to court documents filed by a biofuels trade group on Thursday. The new documents, part of a lawsuit that began last year, […] Read more

General, Machinery, Markets

Oil sanctions on Venezuela could benefit Canada

By Glen Hallick - MarketsFarm February 1, 2019

How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to U.S. refineries, said two oil industry experts. As part of an effort to effect regime change in Venezuela, U.S. President Donald Trump announced this week […] Read more

General, Markets

Tight supplies could see diesel prices rise

By Ashley Robinson - MarketsFarm November 6, 2018

CNS Canada – As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance…if we do get a cold winter I think we’ll see these prices really pop,” said Phil Flynn […] Read more

Plant-based near-chicken on KFC’s Canadian menu to stay

Corteva posts weak revenue, disappointing outlook

Crop tour suggests record-large wheat harvest ahead

GFM Network News