The canola market saw a surge in price recently after the EPA surprised many in the industry with its announcement of robust Renewable Volume Obligations for 2026 and 2027. Many rumors were swirling shortly before the announcement that the proposed levels would be less than the 5.25 billion gallons requested by many in the biofuel industry, but those rumors turned out to be false.
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Canola industry a strong beneficiary of new biofuel renewable volume obligations
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