Market News

08.26.09

Bunge to Acquire Brazilian Sugar Ethanol Company

Bunge is in the process of acquiring the sugar and ethanol production assets of ...

08.26.09

Argentina Farmers Threaten To Strike Over Export Taxes

In Argentina, Cabinet Chief Aníbal Fernández criticized the decision of the farm...

08.21.09

Ethanol Exports Halted in Thailand

The Thai energy ministry has asked the Thai Ethanol Producers Association to hal...

08.21.09

China to Subsidize Soy to Increase Reserve Sales

The China Grain Reserves Corp. stated this week that the government is working o...

08.21.09

Car Companies Agree to Biodiesel Blend in Thailand

In Thailand, all 13 major car companies, including Toyota, Ford, and BMW, have a...

08.21.09

Biodiesel Blend Mandate Commences in Portugal

In Portugal, fuel distributors' obligation to sell a 6% biodiesel blend at the p...

08.21.09

Crude Oil Hits 2009 High

Crude oil rose above $74 a barrel in New York for the first time in 10 months, f...

08.19.09

Australia Reaches Agreement on Energy Policy

Australia's government agreed with opponents on Wednesday for 20% of the country...

08.19.09

Brazil Biodiesel Consumption Rises 43% in 2009

Brazil's fuel consumption climbed 0.3% year-on-year to over 13-billion gallons i...

08.19.09

Airlines to Use Renewable Fuel in Ground Equipment

Eight US airlines have signed a deal with Rentech Inc. and Aircraft Service Inte...

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Soy Crop Area Expanding in Argentina

02.21.08

Soybean crops in Argentina now occupy more than half of the country's cropland, covering 16.9 million ha or 4 percent more than last year, according to estimates published by La Nacion.

However, the 2008 harvest is expected to be the same in size as 2007, about 47 million mt, because the larger area will only compensate for a widespread drop in yield caused by lack of rain.

Argentina is the world's third largest soybean producer, as well as the biggest producer and exporter of soybean oil globally, with an estimated 95% of its production traded abroad.



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