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 ...
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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