Renewable Diesel Is About to Eat 10% of the Canola Crop
About this episode
The episode discusses the impact of renewable diesel on canola demand and its economic implications.
Shaun Wildman (Farmland Specialist, Hammond Realty), Quick Dick McDick (Saskatchewan farmer and one of Canada's largest agricultural media voices), and grain marketer Ryan Bonnett joined Dan Aberhart for Growing the Future's foremost live briefing on July 7, 2026. The conversation mapped the structural shift underway in canola demand: the Strathcona facility south of Edmonton processes over a million tonnes of canola feedstock per year, the US renewable fuel standard is drawing on global vegetable oil supply that domestic soybeans cannot meet, and Indonesia is pushing toward a 50% biodiesel blend requirement. The panelists traced what that demand curve means for canola economics (a potential price floor shift from $500 to $700 per tonne), the domestic crush capacity bottleneck limiting Canada's ability to capture that value, and what the shift is already doing to Prairie farmland prices.
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