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 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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