Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.
Tag Archives biofuel
ICE Weekly: Trade talks, weather lifting canola prices
Multiple factors driving canola’s rally
U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks
U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20 per cent of the value of the credit for biofuels made from feedstocks produced outside of the United States.
US EPA proposes higher biofuel blending volumes through 2027
The Trump administration on Friday proposed to increase the amount of biofuels that oil refiners must blend into the nation’s fuel mix over the next two years, driven by a surge in biomass-based diesel mandates.
ADM sets off ‘frenzy’ in US soybean market ahead of new biofuel blend rule
U.S. officials are expected to propose biofuel blending requirements below industry recommendations
Archer-Daniels-Midland, a major U.S. soybean crusher and biofuel producer, slashed its bids to buy the oilseed this week ahead of an expected Trump administration announcement on biofuel blending requirements, a primary driver of demand for soybean oil - and a prospective source of demand for Canadian canola.
ICE Canada Weekly: Canola to move with the weather
Announcement pending on 45Z biofuel tax credit
As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.
Canola weighing its place in U.S. biofuel future
Where canola hopes stand on the U.S. biofuel market and whether Canadian crops will or will not benefit
Where canola hopes stand on the U.S. biofuel market and whether Canadian crops will or will not benefit.
Grain, oilseed millers’ sales, volumes projected to decline in 2025
Ongoing trade tensions, U.S. policy reviews make oilseed demand difficult to gauge says FCC
Grain and oilseed millers are predicted to see sales, volumes and margins decline in 2025 according to Farm Credit Canada's food and beverage report.
China pivots to Europe for used cooking oil exports as tariffs hit shipments to US
China's used cooking oil exports to the United States, its largest buyer, are set to plunge in coming months due to steep tariffs, forcing sellers to divert shipments to Europe and elsewhere, industry players said.
Push for U.S. biofuel boost welcome news for sector
‘Big Oil’ joins U.S. biofuel and farm groups in their call for a big increase to biobased-diesel mandate
‘Big Oil’ joins U.S. biofuel and farm groups in their call to increase biobased-diesel mandate, which might be good news for Canadian oilseed growers, depending on how the trade winds blow.
Oil and biofuel coalition to meet with U.S. Environmental Protection Agency
A coalition of oil and biofuel groups will meet with the U.S. Environmental Protection Agency on Tuesday to make the case for higher federal mandates for biomass diesel blending, according to three sources familiar with the plans.
Cyber-Savvy Farmer
