Market News 
01.27.09
Crude oil fell from a two-week high in New York, Monday, on speculation that rec...
01.26.09
South America Drought Worst In 47 Years
Corn and soybeans declined in Chicago, Monday, as rain in Argentina and Brazil i...
01.23.09
Venezuela and Argentina to Cooperate On Energy
The presidents of Venezuela and Argentina have signed agreements Thursday to coo...
01.22.09
Soybeans advanced 0.6% Wednesday after losing 2.8% Tuesday as the dollar’s rally...
01.21.09
India Rules Out CPO Import Tax
India has ruled out import taxes on CPO as prices of domestic oilseeds stay abov...
01.20.09
Malaysia’s government is considering a request by domestic palm oil producers, i...
01.19.09
Goldman Sachs Projects Oil Price Increase
Goldman Sachs Group Inc. expects a “swift and violent rebound” in energy prices ...
01.13.09
Oil Could Hit $30 This Quarter
Oil consumption will drop by 1 million barrels a day this year as the US, Europe...
01.13.09
Soybean Prices Increase On Weather Speculation
Soybeans advanced Monday to the highest in more than three months on speculation...
01.12.09
Oil fell below $39 a barrel on Monday due to growing evidence that recession is ...
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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