Market News

05.15.09

Oil Prices Hit Six-Month High

Oil prices fell from a high of $147.27 last July to a low of $32.40 in December,...

05.13.09

China Imports Nearly 4 Million Tons of Soybeans in April

China bought 3.71 million tons of soybeans in April, bringing imports to 13.86 m...

05.13.09

CBOT Soybeans Advance to Highest In 7 Years

Soybeans advanced in Chicago to the highest in more than seven months after the ...

05.13.09

OPEC Increases Oil Production Despite Reported Cuts

OPEC increased oil production last month for the first time since July, exceedin...

05.13.09

Global Oilseed Production To Hit Record High

Global oilseed production is projected at a record 422.1 million tons, up 25.9 m...

05.11.09

India Soybean Output To Drop

India's soybean output may drop to 8.2 million mt in the year ending Sept 2009, ...

05.11.09

Brazilian Soy Exports Surge in April

Brazilian soy exports surged in April, mainly due to strong Chinese buying and t...

05.08.09

Indonesia May Reinstate CPO Export Tax

Indonesia may reinstate export taxes on palm oil after a six-month break, due to...

05.08.09

Argentines Fear Nationalization of Grain Market

Argentine grains traders and exporters fear the government may seek to nationali...

05.08.09

CBOT Grain Swap Contracts Start Off Slow

The first-ever exchange-cleared grain swap contracts, launched last month by the...

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US & EU Seek To End Trade Barriers for Green Technology

12.04.07

The US and the EU jointly launched a proposal in world trade talks aimed at countering global climate change by removing trade barriers to climate-friendly technologies.

"By eliminating tariff and nontariff barriers to environmental goods and services, particularly clean energy technologies, we can lower their costs and increase global access to these important products," said US Trade Representative Susan Schwab.

This comes in advance of world trade talks with delegates from about 190 nations set for Bali, Indonesia from Dec. 3 to 14. The talks will focus on a new pact as a successor to the UN Kyoto Protocol, which binds 36 industrial nations to cut greenhouse gas emissions by 5% below 1990 levels by 2012.



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