EPA Biofuel Mandates and US Livestock Contraction Reshape Domestic Demand — Prairie Canola Producers Hold an Edge, Wheat Faces a Ceiling
The Structural Condition (Layer 1) Two intersecting domestic demand developments are reshaping the US agricultural balance sheet heading into the second half of 2026, with direct downstream effects on Prairie commodity prices and export positioning. The first and more consequential is the EPA’s finalization of Renewable Fuel Standard “Set 2” volume obligations on March 27,…