The Wednesday HOT TAKE

February 12

Ten HOT Nuggets

10 | What the Futures!

Thanks to Alberta’s own Ryan Denis for having me on his What the Futures podcast!

There are so many things going on right now with 45Z and trad, making for great conversation and a fantastic podcast.

Check out What the Futures HERE.

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9 | Feed me

Talking (Canadian) canola with Ryan sent me down a feed ingredient rabbit hole.

The overwhelming majority of U.S. canola oil and meal imports come from Canada.

U.S. canola oil demand is a split between food and fuel. Meal is destined for dairy, followed by beef.

Here is a breakdown of feed consumption by ingredient and species in the United States:

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8 | Deviled eggs

January inflation came in at 3% - above analysts expectations, partly driven by a record month-on-month increase in the price of eggs.

Eggs rose 15.2% from December to January, and 53% from January 2024 to as bird flu continues to wreak havoc on the U.S. laying flock.