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Canadian biofuel production remains below what Post estimates is needed to meet federal standards. Limited production makes it unlikely Canada will become a major player in the global ethanol market.
A rapidly growing middle class in North Asia is expected to boost demand for U.S. agricultural exports over the next decade.
For marketing year (MY) 2021/22, Post forecasts 230,000 hectares (ha) of wheat planted area totaling 1.4 million metric tons (MMT) of wheat production, which represents a 2.56 percent increase...