In the Ukraine, GrainTrade reports soybean oil prices fell by nearly 17% on the week on the Chicago Board of Trade as a result of the Environmental Protection Agency only raising biodiesel blending by 1% over the next three years, together with the EPA also approving canola as an approved biodiesel feedstock. Prices are now […]
In Washington, the U.S. Canola Association (USCA) applauds the U.S. Environmental Protection Agency’s determination that canola oil-derived renewable diesel and related biofuels qualify as “advanced biofuels” under the Renewable Fuel Standard (RFS) program. This is good news for canola growers, renewable fuel producers, consumers, and the environment. In March 2020, the USCA petitioned the EPA […]
In Colorado, Eco-Products has announced a new line of compostable straws made from polyhydroxyalkanoate (PHA), a plant-based plastic derived from canola oil. Available individually wrapped or unwrapped and in a variety of lengths from 5.5 to 10.25 inches, the straws are BPI-certified compostable and meet ASTM D6400 standards for compostability. “With demand rising for more […]
In Canada, Meeri News reports that Cargill Canada has broken ground at its $350 million canola crushing plant located outside Regina at its Global Transportation Hub. The facility is set to produce 43 million gallons of canola oil annually from 1 million metric tons of canola annually when it opens in early 2024. Future infrastructure […]
In Minnesota, Ceres Global Ag Corp. announced that it is suspending its previously-announced canola crush project at Northgate, Saskatchewan. The company’s decision to pause the project is due to a variety of factors, including but not limited to, inflationary pressures resulting in higher costs than initially projected and shifting macroeconomic conditions. Consistent with the foregoing, […]
In Washington, D.C., the Environmental Protection Agency is proposing to approve Renewable Fuel Standard (RFS) pathways for certain biofuels that are produced from canola/rapeseed oil and is providing an opportunity for comment on the Agency’s lifecycle greenhouse gas (GHG) analysis of these pathways until May 18th. With the approval, these fuel pathways would be eligible […]
In Massachusetts, Yield10 Bioscience, Inc. announced that 2021 field test results show that the trait C3020 tested in Camelina and C3007 tested in canola produce increases in seed oil content. Further field testing of these novel oil content traits is planned in spring 2022. C3020: Yield10 tested C3020 Camelina lines for the first time in […]
In Uruguay, El Observador reports that Alcoholes de Uruguay has sold 4,000 metric tons of canola-based biodiesel—10% of its annual production—for export to the European Union to Trafigura for $5 million following a bidding process and later commercial negotiations. The ISCC certified fuel will go to a Scandinavian country after first passing through the port […]
In Canada, Federated Co-operative Limited (FCL) has signed a memorandum of understanding to form a joint venture (JV) partnership with AGT Food and Ingredients Inc. (AGT Foods). The newly formed JV will look to construct a C$360 million canola crush facility. The partnership with AGT is a 51%-49% split, with FCL holding the majority ownership […]
In Canada, after years of meticulous research, University of Saskatchewan researchers’ exploration of canola meal pellets as an eco-friendly alternative to coal and natural gas for both heat and energy is poised to move into its next phases – scaled-up pellet production and commercialization. In 2019, Canada produced over 18 million metric tons of canola […]
