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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

NOAA Declares El Nino, Raising Key Weather Risks for Agriculture

NOAA has officially declared El Nino, and the resulting changes in weather patterns could significantly affect crop production across the United States and Canada in the coming months.

Federal Judge Sends Roundup Class Settlement Back to Missouri State Court, Clearing Path for Approval

A federal judge has ruled that the high-profile Roundup class settlement case must return to Missouri state court, a move expected to accelerate approval of a multibillion-dollar agreement covering tens of thousands of claims.

Hursh: A downward shift in fertilizer prices

War in the Middle East and the blockade of the Strait of Hormuz contributed to a rapid rise in nitrogen fertilizer values, but prices have dropped dramatically in recent weeks. Some analysts were worried that the normal price reset after spring seeding would not occur this year, but a price drop has happened quickly: There have been reports of international prices for urea, 46-0-0 moving lower, but what matters to farmers is the price locally. Up until a few weeks ago, the price of urea at farm input suppliers in Western Canada was around $1,250 a tonne. According to the Alberta Farm Input Price Survey, the lowest urea price of the past five years was just over $600 a tonne back in July of 2021. However, by April of 2022, world events had pushed urea prices to $1,350 a tonne. While prices this spring were not quite that high, they were onerous as compared to the price of grain. So where are prices right now? What would you need to pay for urea for summer or fall delivery? You cou

Soy Canada annual meeting highlights industry collaboration and future direction

Soy Canada’s 2026 annual meeting highlighted the power of collaboration across the soybean value chain and the opportunities ahead for Canada’s soybean industry. Discussions at the event focussed on strengthening market relationships, improving competitiveness and preparing for the future through a renewed strategic vision. The organization’s annual meeting was held June 18, 2026, in Niagara-on-the-Lake, Ont. The event brought together industry leaders from across Canada to review progress over the past year and discuss future priorities for the organization. The 2025-2026 Annual Report highlights progress made in the past year. Brian Innes, Soy Canada Executive Director, shared key accomplishments from the past year, including strengthening relationships with international customers and improving collaboration across the soy value chain. Noted highlights included advancing discussions on soybean protein variability as part of the third Northern Soybean Summit and expanding participa

Two Nunavut communities strengthen access to traditional foods with new processing facilities

The Government of Canada is investing over $4.7 million on two community-led traditional food processing facilities that will help Gjoa Haven and Taloyoak residents access more local foods and strengthen food sovereignty in the region. The Government of Canada is taking action to address local food accessibility and high prices in Nunavut. That means advancing reconciliation with Inuit by investing in food systems to strengthen community infrastructure, reduce dependance on imported foods, and lower costs for Nunavummiut. Today, the Honourable Rebecca Chartrand, Minister of Northern and Arctic Affairs and Minister responsible for CanNor, announced a federal contribution of more than $4.7 million to create country food processing facilities in Gjoa Haven and Taloyoak. This includes $3,389,736 in funding from CanNor, $831,550 from Fisheries and Oceans Canada and $566,038 from Crown-Indigenous Relations and Indigenous Services Canada. The Gjoa Haven Country Food Processing Facility and

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