A view of Imperial Oil’s Strathcona fuel refinery from the North Saskatchewan River. (Imperial Oil photo via BusinessWire)

Imperial Oil clears Edmonton renewable diesel plant for construction

Quick decision motivated in part by need for feedstocks such as canola oil, company says

Reuters — Imperial Oil on Thursday announced approval for an investment of $720 million to build Canada’s largest renewable diesel facility at its Strathcona refinery near Edmonton. The Calgary-based company said the facility will produce 20,000 barrels per day of renewable diesel and is expected to start production in 2025. Imperial expects regulatory approval for […] Read more

The skeleton of a fish is seen in the Navarro lagoon, which dried up due to the climate phenomenon La Nina, in Navarro in Argentina’s Buenos Aires province on Dec. 5, 2022. (File photo: Reuters/Agustin Marcarian)

Worst drought in decades sees Argentina exchange slash soy, corn forecasts

Buenos Aires | Reuters — Argentina’s Rosario Grains exchange sharply cut its forecast for the 2022-23 soybean harvest to 37 million tonnes from a previous forecast of 49 million, it said on Wednesday, as the country faces its worst drought in 60 years. The exchange also slashed its 2022-23 corn harvest estimate to around 45 […] Read more



Soybeans

New soybean varieties for 2023

Varieties with high yields, strong standability, excellent disease resistance and more are on offer

Next year, there will be 20 new soybean options in the offing for producers in Western Canada. Here’s a look at what BrettYoung, Corteva, Dekalb, Maizex, Northstar Genetics, Proven Seed, Sevita International, Syngenta and Thunder Seed are rolling out for the coming growing season. Please note, this list only includes brand new soybean offerings for […] Read more


(Greg Berg photo)

CBOT weekly outlook: Soy futures find support, but upside limited

Corn activity mainly bearish

MarketsFarm — Solid export demand, a short squeeze by fund traders and production uncertainty in South America have all propped up Chicago soybean futures over the past week, with more gains possible ahead of the year-end before correcting lower, according to an analyst. With the South American harvest still some time away, “you might have […] Read more



Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)

StatCan trims Canadian corn, soy acreage estimates

Grain corn acreage still expected up from 2021 level

New Statistics Canada projections show the country’s grain corn and soybean growers have slightly curbed their enthusiasm for those crops compared to their intentions earlier in the year. StatCan on Tuesday released the results of its 2022 June field crop survey, conducted between May 13 and June 12, projecting Canadian corn area at 3.633 million […] Read more

Photo: Thinkstock

U.S. soybean acres come in below expectations

MarketsFarm – Farmers in the United States seeded fewer soybean acres than original intentions and slightly more corn, according to updated acreage estimates from the U.S. Department of Agriculture, released June 30. Total soybean area in the country for the 2022 growing season was pegged at 88.30 million acres by the government agency. That compares […] Read more


File photo of flooded cropland in the RM of St. Andrews, north of Winnipeg. (Manitoba Co-operator photo)

Pulse weekly outlook: Wet weather delays southern Manitoba seeding

Soybeans could take yield hit if planted in June

MarketsFarm — Another blast of heavy precipitation across southern Manitoba, the third in as many weeks, has already delayed seeding for pulses, according to a production specialist. Laura Schmidt, a production specialist for Manitoba Pulse and Soybean Growers, said the 40 to 50 millimetres of rain across the region on April 29-30 all but guaranteed […] Read more

EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)

EU’s oilseed yields expected to decline in 2022-23

USDA's attaches predict uptick in EU's oilseed acres

MarketsFarm — The U.S. Department of Agriculture’s (USDA) attachés in Europe have projected oilseed production in the 27-member European Union to increase just slightly in 2022-23. The 18 attachés involved in the report expect about 31.07 million tonnes in total, for a 0.4 per cent bump in total oilseed output from 2021-22. The oilseeds included […] Read more