Renewable Diesel Is About to Eat 10% of the Canola Crop

One refinery south of Edmonton will process a million tonnes of canola feedstock this year, more than 10% of Canada's entire canola crop at a single facility. The US renewable fuel standard needs another 2.7 million tonnes on top of that, and Indonesia is moving toward a 50% biodiesel blend requirement. In the 2000s, corn ethanol turned a $2.50 crop into a $9 crop in under a decade. Growing the Future's foremost live briefing examines whether canola is about to run the same play, and what the structural demand shift already means for Prairie land values.   Topics and Timestamps 0:00 -- Opening: the renewable diesel demand story and the canola-as-fuel structural shift 3:00 -- Sponsor acknowledgments and panelist introductions 5:00 -- Is canola food or fuel, and does the distinction matter? 6:00 -- Shaun Wildman: calorie analysis and why food affordability is not the argument 9:00 -- Quick Dick McDick: Saskatchewan's 24 million canola acres and the case for playing both markets 13:00 -- Ryan Bonnett: the corn ethanol parallel and how US biofuel policy drives domestic demand 14:00 -- RIN credits and the 12-cent-per-pound penalty for Canadian-sourced canola in US markets 16:00 -- Indonesia's B50 blend requirement and what global feedstock scale actually looks like 18:00 -- Local processing expansion: Cargill in Regina, LDC and Richardson in Yorkton doubling capacity 22:00 -- The bottleneck: crush capacity is the ceiling, not canola production 27:00 -- Scale check: the US diesel market and how much canola it would take to move the needle 28:00 -- EPA rates canola second-best vegetable oil for US renewable fuel programs 32:00 -- Saskatchewan's carbon advantage: 67% lower footprint through zero-till canola 36:00 -- US winter canola expansion as a future risk to Canadian market share 39:00 -- Could canola's price floor shift from $500 to $700 per tonne? 45:00 -- Prairie land values: what the renewable diesel demand shift means for buyers and holders 48:00 -- Large land acquisitions, the Minette deal, and what it means for the next generation of operators 52:00 -- Closing round: one takeaway from each voice in the room   Connect with Growing the Future Website: growingthefuture.ca YouTube: Growing the Future Instagram: @growingthefuturepodcast LinkedIn: Growing the Future  Register for the Convergence Conference at convergence.ag and stay updated by subscribing to the Growing the Future Podcast at growingthefuturepodcast.ca.