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ADM sets off ‘frenzy’ in US soybean market ahead of new biofuel blend rule

U.S. officials are expected to propose biofuel blending requirements below industry recommendations

Archer-Daniels-Midland, a major U.S. soybean crusher and biofuel producer, slashed its bids to buy the oilseed this week ahead of an expected Trump administration announcement on biofuel blending requirements, a primary driver of demand for soybean oil - and a prospective source of demand for Canadian canola.




A blooming yellow canola field beneath a brilliant blue sky with a few puffy white clouds.

U.S. bill would get canola back into biofuel game

The 45Z Clean Fuel Production Credit has been called a disaster for the sector, but proposed legislative changes are seen as welcome

Canola oil would be one of the main beneficiaries of proposed changes to the 45Z Clean Fuel Production Credit making their way through U.S. Congress, says an analyst.





Long-term Trump farm impact could be loss of biofuel market

Long-term Trump farm impact could be loss of biofuel market

U.S. analyst says the repercussions would be many, including lower prices for feed for livestock producers

U.S. analyst Joe Kerns of Ever.Ag says the repercussions of Trump agriculture policies could be a loss of the biofuel market and lower crop prices.