2023 Grains, oilseeds and pulses sector outlook FCC
Jan 25, 2023. 7.5 min read. Share. FCC Economics helps you make sense of the top economic trends and issues likely to affect your operation in 2023. The major
Canola oil use takes big leap in U.S. | The Western Producer
Canola oil accounted for 16.4 percent of total vegetable oil use in the U.S. biofuel sector in January 2023, up from 5.8 percent one year ago.
Oilseeds DAFF
Key points Record value of canola production in 2022–23 at $6.1 billion, 1% higher than 2021–22. Decreasing prices to drive value of canola production down 37% in 2023–24.
Canola Oil Use in U.S. Biofuels Grows
Canola oil used as a feedstock in U.S. biofuel production has increased from 29,030 mt in January 2022 (blue bars, primary vertical axis), or 5.8% of the total vegetable oils used (brown...
Oil Market Report April 2023 Analysis IEA International
For the year as a whole, global oil production growth slows to 1.2 mb/d versus 4.6 mb/d in 2022. Non-OPEC+, led by the US and Brazil, drives the 2023 expansion, rising 1.9 mb/d.
USDA ERS - Soybeans and Oil Crops
Periodic, Scheduled Outputs. Recent ERS Reports Relating to Soybeans & Oil Crops. The United States is the world's leading soybean producer and the second-leading exporter. Soybeans comprise about 90 percent of U.S. oilseed production, while other oilseeds攊ncluding peanuts, sunflowerseed, canola, and flax攎ake up the remainder.
Canola 2023 Data 1980-2022 Historical 2024 Forecast
A report from Statistics Canada showed that canola acres are likely to rise by 1% in the next marketing year to 21.6 million. Also, earlier data showed Australia's production levels
Press Releases ?News & Views - U.S. Canola Association
The U.S. Energy Information Administration expects this production to triple by the end of 2023 due to the conversion of petroleum refineries and new construction of renewable diesel refineries. This expansion is largely being driven by low-carbon fuel policies in jurisdictions like California, which benefit U.S. agriculture.
Canola oil approved by EPA as feedstock for renewable diesel
In March 2020, the USCA petitioned the EPA to approve canola oil as a feedstock for renewable diesel. In April 2022, the
Hydrotreated Vegetable Oil (HVO) Explained | Cummins Inc.
Increasing demand driven by a combination of regulatory and customer ESG targets will drive increased production, which will subsequently lead to increased adoption. The IEA Renewables 2020 report predicts that the average output in 2023-2025 will be 63 billion L, a 30% increase from the 2019 level.
