Loading…

Canadian biofuel rules proposed by the government face pushback over ethanol credits and investment incentives. The Canadian Oilseed Processors Association says canola demand would be broadly net-neutral, and the 1.4-times biodiesel multiplier may not be enough to change plant economics.
Canola demand from biofuels competes with food, feed and industrial uses, so the net effect on canola meal supply depends on whether new capacity is built. The impact on feed prices looks limited for now.
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.