Market News 
01.04.08
Soybean Prices At 34-Year High
Soybean futures in Chicago rose for a third day to a 34-year high on speculation...
01.03.08
India Veg Oil Tariffs Unchanged
India left tariff values unchanged for six palm group oils and crude soybean oil...
01.02.08
Biofuels Stocks End 2007 On A High Note
The Biofuels Digest Index™, a basket of public biofuels stocks, rose 1.7% on Fri...
12.31.07
Brazilian Ethanol Production Up 20% in 2007
In Brazil, ethanol production increased 20% in 2007, according to figures releas...
12.28.07
The crude palm oil (CPO) three-month futures contract reached an historic high o...
12.28.07
According to a report by Citigroup, ethanol prices are now trading in line with ...
12.19.07
UN Says Cost Of Imported Foodstuffs Is Highest On Record
The UN Food and Agriculture Organization (FAO)says the global cost of imported f...
12.17.07
Global Grain Use May Outpace Supply
Examining the outlook for food supplies, the London-based International Grains C...
12.14.07
US Renewable Energy Consumption May Double By 2030
According to the US Department of Energy's annual outlook, renewable energy cons...
12.12.07
Indonesia Sees No Change in Palm Oil Export Tax
Indonesia has no plans to alter the current palm oil export tax, its Trade Minis...
Soybean Prices At 34-Year High
01.04.08
Soybean futures in Chicago rose for a third day to a 34-year high on speculation that record energy costs and the US dollar's decline will increase demand.
“Rising oil prices are the key driver for soybeans and corn,'' said an analyst at Kanetsu Asset Management Co. in Tokyo. “With the dollar's weakness, this has helped investment funds increase their bets on soybeans and grains.”
Soybeans for March delivery gained as much as $0.10 cents to $12.78 a bushel, the highest for a most-active contract since June 1973. The contract stood at $12.73 in after-hours electronic trading on the Chicago Board of Trade.
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