Sean Pratt

American farmers need to diversify out of corn and soy as other countries become more competitive, says analyst Owen Wagner. | Greg Berg photo

Analysts say proposed BRICS grain exchange is doomed to fail, comparing it to similar initiatives attempted in the past.

November 25, 2024 Sean Pratt JFrog The DevSecOps approach to software development aims to make delivering software faster, more efficient, and significantly more secure.

The president-elect of the United States recently announced on his Truth Social media platform that he will slap a 25 per cent import tariff on all products from Canada and Mexico on Jan. 20, 2025, unless those countries curb the flow of drugs and illegal migrants across their borders. | Getty Images

Ethanol consumption was up 13 per cent in 2023 to 4.0 billion litres per year, renewable diesel consumption more than doubled to 1.2 billion litres, and biodiesel was up 14 per cent to 530 million litres, according to information contained in the Biofuels in Canada 2024 report prepared by Navius Research for Advanced Biofuels Canada (ABFC). | Screencap via advancedbiofuels.ca

Chris Vervaet, executive director of the Canadian Oilseed Processors Association, which represents most of the crushers operating in Canada, called the importation of used cooking oil a “very big risk” to the canola industry, undermining what was supposed to be a substantial market diversification opportunity for the crop. | Retuers photo

Eighty-three per cent of Canada’s oat exports have gone to the United States over the past five years, giving Canada a 97 per cent share of that market. | File photo

Scott Irwin, agricultural economist at the University of Illinois, said the corn ethanol market in the United States is under duress from electric vehicles and other factors. Fortunately, the shrinking domestic market for the biofuel is being offset by booming exports to Canada. | File photo

Despite the anticipated shots of cool air caused by the Madden-Julien Oscillation (MJO) and the Polar Vortex, John Baranick, DTN's agricultural meteorologist, is forecasting a warmer-than-usual winter for the U.S. and the Canadian Prairies. | File photo

Ethanol delivered 55 per cent lower carbon emissions than gasoline.