American Farmers’ Next Hot Commodity Is Canola for Biofuels

By Kim Chipman

Bloomberg

A growing number of energy and agriculture firms in the U.S. have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the nascent renewable fuel markets.

Chevron and Bunge’s own flexible plant meant to handle a wide-range of oilseeds, including canola, is set to start operations in Louisiana in 2026.

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Allie Shipley