Market News

08.06.09

CPO Production Expected Lower on Month

In Indonesia, palm oil production for July is pegged at between 2.03 million and...

08.06.09

ADM Reports 83% Earnings Drop

ADM reported fourth quarter financials this week, posting a 83% drop in earnings...

08.03.09

Coconut Oil Exports Surge

Philippine coconut oil exports climbed over 64% to 114k mt on the year in July d...

08.03.09

Argentina Congress Willing to Discuss Farm Export Tax

The head of the pro-government caucus in the Lower House, Deputy Agustín Rossi, ...

08.03.09

Palm Oil Price Hits 6-week High

Palm oil futures had the largest increase in six weeks as crude oil and soybeans...

07.24.09

CPO Rises on Increased Export Outlook

Malaysian CPO futures rose as much as 1.6% on Friday on an improved demand and e...

07.24.09

Rotterdam Port Undergoing Expansion During Trade Lull

A current slowdown of global trade is allowing the port of Rotterdam time to exp...

07.24.09

France and Italy to Cooperate on Biofuels

France and Italy have signed an agreement to cooperate on renewable energy resea...

07.24.09

Argentina Farmers Say Tax Cut Would Increase Grain Output

Argentina’s farmers will press the government to cut taxes and export restrictio...

07.24.09

Bunge Reports Q2 Financials

New York-based Bunge has reported a 58% decrease in net income to $313-million f...

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US EPA Renewable Fuels GHG Lifecycle Rule Met With Strong Opposition

06.05.09

US Senate Agriculture Committee Chairman Tom Harkin said he is doubtful that the final RFS rule will include the same application of indirect land use that has made the EPA proposal controversial.

Committee Chairman Collin Peterson has also disapproved of ILUC, recently saying, "Why would you put indirect costs for corn and soybeans, and not oil?"

EPA's ILUC analysis did not consider upstream activities of gasoline or petroleum, such as GHG and environmental impacts associated with ocean transport, international military and security measures to maintain foreign oil supplies, and the impact of current and future oil exploration.



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