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(Bob Nichols photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Corn firms on short-covering at month’s end

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Chicago | Reuters — U.S. corn futures rose on Thursday as fund-driven short-covering at the end of the month overshadowed disappointing export sales data, analysts said. Wheat futures on the Chicago Board of Trade ended mostly lower, with nearby contracts pressured by heavier-than-expected deliveries against the December contract on first notice day. Soybeans fell, led
The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Crops, Markets

U.S. EPA ups biofuel targets slightly

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Reuters — The U.S. Environmental Protection Agency said on Thursday it will require fuel companies to blend slightly more biofuels into the nation’s gasoline and diesel next year, angering oil refiners who view them as a competitive threat. The announcement follows weeks of lobbying by Midwestern lawmakers and representatives of the corn industry who wanted
Beef Producers sees carbon policy as a win, but still has some worries
Beef cattle, Local news

Beef Producers sees carbon policy as a win, but still has some worries

Manitoba Beef Producers saw some of its priorities reflected in the province’s proposed carbon plan, but say input prices are still a concern

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Manitoba Beef Producers has checked exemptions for on-farm emissions and farm fuel off its carbon policy wish list, but it’s not done yet. MBP general manager Brian Lemon says there’s still plenty of advocacy work to be done on the details on the plan. Read more: Manitoba carbon plan targets lower rates Read more: Mazier defends
The Manitoba Canola Growers Association thinks an opportunity could exist for canola producers to sell their product into the biodiesel market.
Local news

Carbon tax could translate into more demand for canola

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“Nobody like taxes… but there is also going to be some opportunities,” as a result of Manitoba’s climate and green plan, Manitoba Canola Growers Association (MCGA) president Chuck Fossay told the Keystone Agricultural Producers’ advisory council Nov. 2. While the plan includes a flat $25-a-tonne carbon tax starting sometime next year, it also says if
Agriculture major player in ‘Made-in-Manitoba Climate and Green Plan’
Local news, Other

Agriculture major player in ‘Made-in-Manitoba Climate and Green Plan’

Increasing the biodiesel mandate could cut up to 431,000 tonnes of carbon by 2022, second only to reductions expected from the $25-a-tonne carbon tax

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Agriculture’s role in reducing carbon emissions and protecting the environment looms large in the provincial government’s, Made-in-Manitoba Climate and Green Plan. The word “agriculture” appears 34 times in the 60-page document. “Manitoba’s farmers are at the front lines of climate change and need to be at the forefront of solutions,” the plan says. “The Manitoba
Crops, Markets

ICE weekly outlook: Canola enjoying broad-based support

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CNS Canada –– ICE Futures Canada canola contracts are benefiting from developments down south. The U.S. Commerce Department on Monday imposed antidumping duties on biodiesel imported from Argentina and Indonesia. The department claimed the fuel was being sold at prices below market value in the U.S. The move was enough to lift soyoil in the
Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets

U.S. grains: Soy, wheat, corn firm on export demand

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Chicago | Reuters — U.S. soybean futures firmed on Thursday on supportive export demand and light bargain buying following a three-day slide, along with renewed optimism about demand for soy-based biodiesel fuel, analysts said. Wheat and corn rose on light technical buying and bullish weekly export sales data. Chicago Board of Trade November soybean futures

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