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 reported fourth quarter financials this week, posting a 83% drop in earnings...
08.03.09
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
New York-based Bunge has reported a 58% decrease in net income to $313-million f...
US May Adopt 36 Billion Gallon RFS
12.07.07
The US House of Representatives has passed the Energy Independence and Security Act to expand the nation’s Renewable Fuels Standard (RFS) to 36 billion gallons by 2022.
The legislation specifically requires that 500 million gallons of biodiesel and biomass-based diesel fuel be blended into the diesel pool in 2009, gradually increasing to one billion gallons by 2012.
The bill extends the biodiesel tax incentive through Dec. 31, 2010, but excludes co-processed renewable diesel from receiving the tax credit along with foreign-produced biodiesel brought to the US then exported.
Before the legislation can become law, it must be passed by the US Senate and signed by the president. The White House has indicated it may veto the bill if passed into law as the House version.
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