Market News 
01.04.08
Soybean Prices At 34-Year High
Soybean futures in Chicago rose for a third day to a 34-year high on speculation...
01.03.08
India Veg Oil Tariffs Unchanged
India left tariff values unchanged for six palm group oils and crude soybean oil...
01.02.08
Biofuels Stocks End 2007 On A High Note
The Biofuels Digest Index™, a basket of public biofuels stocks, rose 1.7% on Fri...
12.31.07
Brazilian Ethanol Production Up 20% in 2007
In Brazil, ethanol production increased 20% in 2007, according to figures releas...
12.28.07
The crude palm oil (CPO) three-month futures contract reached an historic high o...
12.28.07
According to a report by Citigroup, ethanol prices are now trading in line with ...
12.19.07
UN Says Cost Of Imported Foodstuffs Is Highest On Record
The UN Food and Agriculture Organization (FAO)says the global cost of imported f...
12.17.07
Global Grain Use May Outpace Supply
Examining the outlook for food supplies, the London-based International Grains C...
12.14.07
US Renewable Energy Consumption May Double By 2030
According to the US Department of Energy's annual outlook, renewable energy cons...
12.12.07
Indonesia Sees No Change in Palm Oil Export Tax
Indonesia has no plans to alter the current palm oil export tax, its Trade Minis...
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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