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The US Canola Association has petitioned the EPA to approve canola-based renewable diesel as an eligible RFS pathway, which would allow it to generate RINs. The petition is under EPA review and not yet public.
If approved, canola would gain demand as a renewable feedstock, which could lift canola oil and seed prices, though approval is pending and uncertain.
news.bloomberglaw.comMarcy NicholsonOct 2, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
