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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EU Ambassador Warns of US Senate Climate Bill Delay

09.18.09

The EU ambassador to the US said Thursday that any delay by the US Senate that pushes action on a climate bill into next year could subject the country to the charge that domestic politics will always trump its international commitments, Reuters reports.

Such a move would postpone the formation of an overall US climate plan until after a UN climate meeting in Copenhagen in December.

"If this were to happen it would open the United States to the charge that it does not take its international commitments seriously, and that these commitments will always take second place to domestic politics," Ambassador John Bruton said.

He said asking an international conference "to sit around looking out the window for months, while one chamber of the legislature of one country deals with its other business, is simply not a realistic political position.



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