Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.
Tag Archives biofuel
Commodity Classic: ‘Strong evidence’ for old crop price rally says economist
Booming renewable diesel industry seen as a positive
US approves E15 gasoline sales expansion in Midwest starting 2025
Corn-based ethanol industry frustrated by late start date
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
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
ICE weekly outlook: Upside seen for canola prices
'Aggressive manipulation' seen as a factor
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 […] Read more
GFO members bring land planning and protection concerns to annual meeting
Fertilizer and carbon tax relief remain ongoing issues
Grain farmer concerns on land use and planning gained traction against ongoing fertilizer pricing and carbon tax issues. Brendan Byrne, Grain Farmers of Ontario (GFO) chair, and CEO Crosby Devitt […] Read more
ICE weekly outlook: Canola ‘due for a bounce’
Weather co-operating, mostly, for Prairie harvesting
MarketsFarm — A month-long decline of ICE Futures canola prices, which saw the oilseed lose $110 per tonne, came to an end and was followed by a bounce-back. While the […] Read more
ICE weekly outlook: Canola market rising into summer
New StatCan acreage estimates out next week
MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets […] Read more
ICE weekly outlook: Canola will follow soyoil up or down
Prairie weather another guiding factor
MarketsFarm — Although canola prices have been somewhat erratic over the last weeks, they along with other oilseeds have generally rebounded, according to trader Ken Ball of PI Financial in […] Read more
CBOT weekly outlook: Weather market for soy, corn
U.S. targets for biofuel blending pending
MarketsFarm — With soybean and corn seeding nearing completion across the United States, attention in the futures markets is focused squarely on growing conditions. “We’re in a weather market, so […] Read more
Bunge deal for Viterra to boost oilseed dominance, renewable diesel potential
Canada's Competition Bureau pledges to review deal
Chicago | Reuters — Bunge’s planned acquisition of Viterra would make the world’s biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, […] Read more