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Canada proposed biofuel rules that would give Canadian producers more credits than imports, aimed at matching US incentives. The proposal sets a 1.3 times credit multiplier for domestic ethanol, below the 1.4 industry sought.
Industry groups say the rules still provide only about one-third of the value of US ethanol support and are unlikely to spur investment.
If the rules fail to lift Canadian biofuel output, canola oil demand for domestic renewable diesel grows slowly. That leaves canola crush and meal supply tied to existing demand.
kelo.comThomson ReutersNov 2, 2026
rallies.aiRallies AINov 2, 2026
933thedrive.comThomson ReutersNov 2, 2026
y94.comThomson ReutersNov 2, 2026After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,419 past policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Not 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.
