Market News

05.22.08

US Says Oil Prices Reflect Supply-Demand

US Energy Secretary Samuel Bodman said that crude oil prices, which hit a record...

05.21.08

Canada to Invest $25 Million in Phillippine Biofuels

Canadian-based biodiesel company Green Corporation, in collaboration with the Ca...

05.20.08

USDA Says Biofuels Not A Cause Of Higher Food Costs

The U.S. Department of Agriculture has released a report showing that high energ...

05.19.08

Argentine Farmers to Rally May 25

In Argentina, the four farmer associations which have coordinated the strike put...

05.15.08

Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"

A report by Credit Suisse suggests that reversing US ethanol policy, including s...

05.14.08

DuPont and Genencor Form Cellulosic Ethanol JV

DuPont has formed a joint venture with Danish company, Genencor to develop and c...

05.12.08

US Biodiesel Industry To Ask For WTO Action

According to the Financial Times, the US biodiesel industry will lobby for World...

05.09.08

US Congress Agrees on Farm Bill

The US Congress has reached agreement on a $285 billion Farm Bill. Among its pr...

05.08.08

ADM Delists From Chicago Stock Exchange

Archer Daniels Midland Company has notified the Chicago Stock Exchange of its in...

05.07.08

Goldman Sachs Says Oil Could Reach $200 Per Barrel

Oil could rise to $200 within the next two years as part of a "super-spike" driv...