Plus John Deere caves on right-to-repair in an FTC deal, and why Brazil's 13% interest rates could throw U.S. corn a lifeline this fall.
The Daily Kernel is published.
[url]https://www.dailykernel.klarenbach.ca/p/canola-s-future-is-in-the-fuel-tank-1-in-3-acres-now-fuel[/url]
One in three canola acres now feeds the biofuel machine, John Deere just blinked in a years-long right-to-repair showdown, and Brazil's borrowing costs are climbing high enough to matter to your fall corn price.
Canola used to be about the crush and the cooking oil. Now it's about diesel. A new look at where our seed actually goes shows just how tightly the Prairie's money crop is now hitched to the biofuel wagon — and that's mostly good news for the farm gate.
What happened. According to Brittany Wood, senior trade and transportation policy manager at the Canadian Canola Growers Association, an estimated one in three acres of Canadian-grown canola now ends up in the biofuels market — whether that's here at home, in the U.S., or the EU. The estimate pulls together StatsCan oilseed export data, biofuel feedstock usage, and historical canola-in-fuel numbers.
Why it matters. Domestic demand is exploding. Canadian biofuel consumption has jumped nearly 60% since 2021 as new renewable diesel and crush capacity comes online — and the industry's big players now openly admit canola's future is tied to renewable diesel and sustainable aviation fuel, not just the grocery-store oil aisle.
The Daily Kernel is published.
[url]https://www.dailykernel.klarenbach.ca/p/canola-s-future-is-in-the-fuel-tank-1-in-3-acres-now-fuel[/url]
One in three canola acres now feeds the biofuel machine, John Deere just blinked in a years-long right-to-repair showdown, and Brazil's borrowing costs are climbing high enough to matter to your fall corn price.
Canola used to be about the crush and the cooking oil. Now it's about diesel. A new look at where our seed actually goes shows just how tightly the Prairie's money crop is now hitched to the biofuel wagon — and that's mostly good news for the farm gate.
What happened. According to Brittany Wood, senior trade and transportation policy manager at the Canadian Canola Growers Association, an estimated one in three acres of Canadian-grown canola now ends up in the biofuels market — whether that's here at home, in the U.S., or the EU. The estimate pulls together StatsCan oilseed export data, biofuel feedstock usage, and historical canola-in-fuel numbers.
Why it matters. Domestic demand is exploding. Canadian biofuel consumption has jumped nearly 60% since 2021 as new renewable diesel and crush capacity comes online — and the industry's big players now openly admit canola's future is tied to renewable diesel and sustainable aviation fuel, not just the grocery-store oil aisle.
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