diesel prices Archives

ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola ‘due for a bounce’

Weather co-operating, mostly, for Prairie harvesting

By Adam Peleshaty September 28, 2023

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 price of the November canola contract still declined by $10/tonne to $726.10 during the week ended Wednesday, it hit its lowest price since the end […] Read more

The former Come By Chance fuel refinery in Newfoundland, shown here in a file photo, was renamed Braya Renewable Fuels in November 2021 after Dallas-based Cresta Fund Management bought a controlling stake in the facility. (Benedek/iStock/Getty Images)

Crops, Machinery, Markets

Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel

By Laura Sanicola June 21, 2022

Reuters — A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant closings since 2019, a Reuters analysis of federal data shows. U.S. refining capacity has declined in the last two years, as plants […] Read more

Crops

N.S. farm limestone program boosted against rising diesel prices

By Liam O’Connor June 6, 2022

Farmers in Nova Scotia facing rising prices for diesel fuel will see more funding via the Limestone Trucking Assistance Program (LTAP), which is expected to help offset some of those increased costs. “After touring multiple farms around the province to hear from farmers and meeting this morning with farmer Tim Marsh at the Nova Scotia […] Read more

Machinery, Markets

Diesel prices expected to trend lower

By Marlo Glass 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

Machinery, Markets

New environmental rules expected to further lift diesel prices

By Marlo Glass 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

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

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 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, Machinery, Markets

Dwindling diesel supplies could boost price

By Dave Sims July 26, 2018

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more

Markets

Chickens culled as Brazil truckers disrupt commodity exports

By Ana Mano, José Roberto Gomes May 29, 2018

Sao Paulo | Reuters — Striking truckers in Brazil have disrupted supply and exports of farm produce from one of the world’s agricultural commodity powerhouses. Brazil is the top global exporter of soybeans, sugar, coffee and chickens. The strike over high fuel prices has paralyzed Latin America’s largest economy, emptied Brazilian roadways and left major […] Read more

Tag Archives diesel prices

ICE weekly outlook: Canola ‘due for a bounce’

Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel

N.S. farm limestone program boosted against rising diesel prices

Diesel prices expected to trend lower

New environmental rules expected to further lift diesel prices

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

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

Rising diesel prices coming

Dwindling diesel supplies could boost price

Chickens culled as Brazil truckers disrupt commodity exports

Cyber-Savvy Farmer