Ontario Agriculture

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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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Alberta producers have until Sept. 30 to file 2025 AgriInvest information

Alberta producers who have not yet filed their 2025 AgriInvest information have until Sept. 30, 2026, to do so. To participate in the 2025 program year, producers must submit their 2025 AgriInvest form and farm income tax information. While the original deadline was June 30, late applications are still accepted. However, the maximum matchable deposit is reduced by five per cent for each month, or part of a month, that required information is submitted after the deadline. AgriInvest helps producers manage small income declines and invest in their operations. Producers can make deposits based on their allowable net sales and receive matching government contributions. Individuals and partnerships submit Form T1163 through the Canada Revenue Agency as part of their farm income tax return. Corporations must complete an Alberta Statement A marked “AgriInvest Only” and submit to to Agriculture Financial Services Corporation (AFSC), which forwards the information to the federal AgriInvest a

Trade Update: Tariffs Impacts on Agriculture Equipment

Our national partners at the Canadian Canola Growers Association are closely following the developments on trade between Canada and the U.S. to understand impacts to canola farmers. Canadian canola seed, canola oil and canola meal continue to have tariff-free access to the U.S. market. Effective September 8, the Government of Canada imposed counter-tariffs on $27.6 billion in U.S. goods. Some agriculture equipment parts used in harvesting, threshing and haying; cutting bars for hay and forages; and mowers have been included in the counter-tariff list with tariffs ranging from 15 and 25 percent. Although these products are subject to tariffs, a remission process is in place to prevent the additional costs from being passed on to farmers. CCGA will continue to monitor all outcomes and will update our Current Issues page as necessary. If farmers experience any significant changes to prices or access to products resulting from tariffs, please reach out to our team by email at policy@ccg

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