Ontario Agriculture

The network for agriculture in Ontario, Canada

New Leaked Ethanol Mandate Projections From Reuters

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

Export Gains Support Grains as Crypto Markets Retreat

The week of November 17 to 21 brought mixed commodity trends, changing export demand, and cautious investor behavior as markets prepared for month-end adjustments.

Stats Canada releases updated 2024 farm income data

Realized net farm income fell 26 per cent in 2024

USDA's November Crop Report was neutral to bearish vs expectations for corn

The 2025 U.S. corn crop remained historically very large with key revisions pointing to slightly lower production

Technology transforms traditional family farming

Farms today are rooted in tradition, with many working hard to keep generational operations alive. But technology has become essential to soil, seed and watering processes. Farmers are balancing two eras—remembering the iron and instinct of the past while embracing how technology is reshaping successful farming. Soda Springs farmer Dan Lakey describes his experience as two different farming careers. Growing up on the Lakey Farm in the 1980s and 1990s, he spent countless hours during his teenage years pulling a cultivator behind a 300-horsepower tractor. “I didn’t enjoy it much because all I knew was the hard work,” he said. After college and time in the corporate world, Lakey returned to the family farm and found how drastically equipment and the industry had changed. Larger planters and 600-horsepower tractors have revolutionized productivity and efficiency. What once took a full crew a week now takes two people a single day. GPS-guided tractors and combines with auto-steer capa

Deere forecasts little relief for U.S. farmers

Deere & Co., the world's largest farm-equipment manufacturer, sees another difficult year ahead for the U.S. farm economy. Why it matters: America's farmers have been in a two-year slump, squeezed by rising costs, falling crop prices, tariffs and a global trade war. Zoom in: Deere on Wednesday provided its first forecast for 2026, saying it expects its business selling to large-scale farms in the U.S. and Canada to fall 15% to 20%. Row-crop farmers — like those growing corn, soybeans, and wheat — continue to face headwinds, pressuring their short-term liquidity and causing them to continue to rely on older, used equipment, the company told investors. Deere is continuing to keep production tight for large equipment in response to low demand, noting that its inventory of big tractors ended the fiscal year at the lowest unit level in over 17 years. Zoom out: "Our organization is used to managing cyclicality. But this year, we faced an additional headwind of heightened uncertainty in a

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