Market News

04.17.09

Brazil and Peru To Meet About Biofuels Collaboration

Brazilian and Peruvian Presidents will meet on April 28 to discuss agreements on...

04.17.09

Uncertainty Quiets Argentine Biodiesel Market

Talks between Argentine farmers and the government regarding export taxes on soy...

04.15.09

Oil Palm Companies May Face Windfall Tax In May

Oil palm plantation companies in Peninsular Malaysia could start paying windfall...

04.15.09

US Soybeans Hit Three-Month High

US soybeans hit a three-month high on signs of rising exports and improved domes...

04.15.09

OPEC Cuts Oil Demand Forcast

OPEC has cut its 2009 oil demand forecast for an eighth consecutive month as the...

04.13.09

Oil Falls Below $50

Oil fell below $50 a barrel on Monday after IEA cut its forecast for oil demand,...

04.13.09

Bioenergy Benefits Rural Communities

Bioenergy production benefits communities in poor countries, according to a new ...

04.10.09

USDA Projects Soy Stocks Lowest Since 2003

USDA projected US soybean ending stocks could be at their lowest at the end of t...

04.10.09

USDA Increases Soy Export Forecast

USDA is increasing its soybean export forecast for 2008-09 to a record-high 1.21...

04.10.09

Global Soybean Prices Expected to Rise

Global soybean prices are likely to rise further later this year, fuelled by Chi...

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Soybean Prices Spark Unrest in Indonesia

01.16.08

In Indonesia, police were forced to clear the streets after food riots broke out over rising soybean prices. The riots were characterized as the largest since Mexican protests of rising tortilla prices last year.

Increasing demand in China reduced US capacity as more farmers plant corn for ethanol, and poor harvests in Brazil and Argentina are said to underlie the price increases. The Indonesian government says it will continue with its planned 10% biofuel mandate target by 2010 despite high crude palm oil prices, and will rely more on ethanol than biodiesel to meet the target.



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