Market News

11.06.09

CPO Output to Increase 6.4% in Indonesia

Indonesia will increase palm oil output 6.4% to 21.13-million mt this year after...

11.06.09

Argentine Soybean Planting Behind Last Year

In Argentina, 2009-10 soybean planting is running below last year’s levels on un...

11.06.09

US Unemployment Report Causes Drop In Oil Price

Soybeans rose early Friday as investors judged the two-day, 3.8% drop as excessi...

11.04.09

Palm Oil Price Declines on Increased Stocks

Palm oil declined as mounting stockpiles in Indonesia boosted investor concern a...

10.28.09

EU Certified Palm Oil Demand Increasing

EU demand for eco-friendly palm oil from Indonesia and Malaysia has risen over t...

10.28.09

Louis Dreyfus Injects $463-MLN in Biofuel Company Merger

Louis Dreyfus Commodities will inject $463-million in the merger of LDC Bioenerg...

10.28.09

Soybean Prices Could Fall 13% in 2010

Soybean prices may fall as much as 13% to an average of $8.50/bushel next year a...

10.26.09

Argentina Likely to Plant Record Soy Crop

Argentine farmers will plant a record 19-million ha with soybeans this season, u...

10.26.09

Brazil Moves Up Biodiesel Mandate Increase

Brazil has moved up its 5% biodiesel mandate to 2010 from 2013. The measure ...

10.26.09

Malaysia Now Considering Lower Biodiesel Mandate

Malaysia is considering revising downward its proposed 5% biodiesel mandate begi...

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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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