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Reuters is reporting the EPA has proposed a new 2014 renewable fuel target of 15.21 billion gallons in total, of which 2.21 billion must come from "advanced" biofuel sources. This would imply a reduction in the 2014 mandate for ethanol to 13.0 billion gallons, down from a 13.8 billion mandate in 2013 and a prescribed 14.4 billion mandate for 2014. According to Reuters, the new EPA proposed renewable fuel targets for 2014 would mandate the use of 23 million gallons of cellulosic ethanol and hold the biodiesel portion of the mandate steady at 1.28 billion gallons. These rumors of biofuel mandate cuts helped fuel further losses in corn futures to trade to new contract lows at $4,324/bushel. 2013 October WADE report estimates for 2013 corn ending stocks were estimated at 1,923 billion bushels with this new law we could see 301 million less corn bushels in usage for ethanol . The proposed EPA rule would go on to a public comment period and could become law later this year.  If it becomes law the USDA will need to adjust 2013 corn usage for ethanol from 4.9 billion bushels to 4.6 billion bushels approximately which is bearish for corn futures as 2013 ending stocks could jump to 2.224 billion bushels not seen since 1987.

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Agriculture Headlines from Farms.com Canada East News - click on title for full story

Canada Backs AI Tools for Smarter Vineyards

The Government of Canada is investing in advanced agricultural technology to help grape growers improve crop management and disease detection. Funding will support the development of innovative machine learning and computer vision tools that provide real-time crop insights, helping farmers increase productivity, improve crop health, and strengthen the long-term resilience of the grape and wine industry.

Canada Pens Potash Deal with Bangladesh

Canada has announced a new government-to-government agreement with Bangladesh for the supply of Canadian potash. The deal is expected to support food security, strengthen trade relations, create opportunities for Canadian workers, and ensure a reliable fertilizer supply for agricultural production.

Still Slow Going for Saskatchewan Harvest

The Saskatchewan harvest continued to make relatively modest progress this past week and remains well behind normal. Thursday’s provincial crop report showed the overall harvest at just 27% complete as of Monday, up 9 percentage points from a week earlier. That is well behind 41% last year, and the five- and 10-year averages of 58% and 50%. Most of the progress came earlier in the week before widespread heavy rainfall brought fieldwork to a halt across much of the province. Some of the largest totals included 138 mm in the rural municipality of Longlaketon, 132 mm in Eyebrow, 127 mm in Sarnia and 121 mm in McKillop. Fields are now saturated in many areas, leaving producers waiting for warmer, drier weather before combines can return. Cropland topsoil moisture increased sharply, with 33% rated surplus and 58% adequate. Another 7% is rated short and 2% very short. Excess moisture and high winds were the main sources of crop damage during the week, the report said, with isolated

ICE Close: Sharp Crude Rally Supports

Canola futures closed moderately higher Thursday, supported by strength across the broader oilseed complex and a sharp rally in crude oil. Chicago soybean futures posted solid gains ahead of Friday’s USDA WASDE report, providing spillover support to canola, while surging energy markets added another bullish influence for vegetable oils and biofuel feedstocks. Brent crude jumped more than 6% to over US$107/barrel and U.S. crude climbed above US$102 as escalating Middle East tensions heightened concerns about global energy supplies. A slightly weaker Canadian dollar also helped underpin canola by making Canadian supplies more competitive for foreign buyers. Today’s Saskatchewan crop report pegged the overall harvest in that province at 27% complete as of Monday, up just 9 points from a week earlier and well behind last year and the average pace as wet conditions continue to hold farmers back. The canola harvest was estimated at 9% complete. Additional precipitation and periods

Alberta harvest reaches 10 per cent complete

According to Alberta Agriculture and Irrigation’s latest crop report, 10 per cent of major crops have been harvested, as of September 1, 2026. That’s up six percentage points from the previous week, although harvest remains behind the five-year average of 23 per cent and the 10-year average of 17 per cent. Harvest progress varies across the province. The South Region reported 27 per cent of major crops harvested, while Central Alberta sits at nearly 12 per cent. Harvest is just getting underway in many northern areas, with completion ranging from one to three per cent across the Northeast, Northwest, and Peace regions. Dry peas continue to be the furthest along, with just over half of the provincial crop harvested. Barley harvest has reached 20 per cent complete, while six per cent of spring wheat acres have been combined. The latest report also shows soil moisture conditions remain well above historical averages across Alberta. Provincial surface soil moisture is rated 56 per cen

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