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Cenovus will stop production at its Lloydminster ethanol plant on December 15, 2026, after an economic review. The facility bought about 350,000 tonnes of grain annually, including lower-grade wheat, rye, corn and triticale, and produced ethanol and dried distillers grains; the company has not announced a permanent closure.
The plant’s withdrawal removes a substantial local grain buyer, potentially widening basis and increasing farmers’ hauling and handling costs. Reduced ethanol production also means less DDGS output for feed markets, although the plant’s longer-term status remains uncertain.
agronewstoday.comFarms.comNov 7, 2026After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
