Market News

08.17.09

Argentine Lower House Votes to Extend President's Export Tax Control

Argentina's lower house voted 136 to 100 after 9 hours of debate on Thursday to ...

08.17.09

Over One-Billion Gallons of Ethanol Capacity Remain Idle

The US Renewables Fuels Association reports that 1.53-billion gallons of ethanol...

08.14.09

Australian Climate Bill Defeated in Senate

Australia’s Senate on Thursday defeated a plan to introduce a carbon trading sys...

08.14.09

Bahamas To Introduce Biofuels In Energy Policy

The Bahamas government plans to introduce biofuels as part of a national energy ...

08.14.09

Wilmar Oilseed Sector to Grow 10%

Wilmar International expects its consumer and oilseed processing businesses to g...

08.14.09

EC Publishes List of Air Carriers to be Included in Emissions Trading Plan

The European Commission has published a list of aircraft companies to be include...

08.12.09

Crude Oil to Remain Flat in Q4

In its Short Term Energy Outlook, released Tuesday, EIA forecast the price of cr...

08.12.09

Global Production Forecast Revised Downward

Global oilseed production for 2009/10 is projected at 422.6 million tons, down 0...

08.07.09

Brazil Soy Crush Estimate Revised Downward

This week, the Brazilian Vegetable Oils Industry Association revised downward th...

08.07.09

Argentina President To Sign Agreement On Grain Exports

In Argentina, Production Minister Deborah Giorgi confirmed that President Cristi...

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US EPA Releases RFS2

02.05.10

US EPA issued RFS2 this week including some major changes from the previous rule:

- Renewable fuels must account for 8.25% of total gasoline and diesel sales in 2010 to meet a mandate of nearly 13 billion gal of renewable fuels this year.
- The cellulosic ethanol output target is set at 6.5 million gal this year instead of the proposed 100 million gal.
- The 2009/2010 combined biomass diesel output target is set at 1.15 billion gal. by year-end.
- Measuring carbon dioxide emissions from ethanol and other biofuels includes indirect land use change, but biodiesel and renewable diesel from soy oil or waste oils, fats, and greases will meet the 50% GHG reduction threshold.
- Ethanol from sugarcane complies with the 50% reduction threshold for advanced biofuels.



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