Market News 
06.10.08
Indonesia, the only Southeast Asian member of the Organization of the Petroleum ...
06.09.08
Argentine Farmers Hault Strike
Argentina's farm groups have suspended their strike at the request of the Roman ...
06.06.08
Oil Prices Surge For Second Day
Oil prices surged for the second day on a US dollar decline that stemmed from a ...
06.05.08
Morgan Stanley: Oil Will Stay Above $100 Per Barrel
Oil prices will remian above $100 per barrel for the forseeable future due to ri...
06.04.08
US and Brazil Defend Biofuels at UN Food Summit
In Rome, Italy, a three-day UN food summit has called for trade barriers to be r...
06.02.08
OPEC Blames Speculators for High Oil Prices
OPEC President Chakib Khelil blamed speculators for the steep rise in oil prices...
05.30.08
EIA Says Biofuels Making Up For Lagging Oil Supplies
International Energy Agency figures show that biofuels have been filling a need ...
05.29.08
Report Projects Rapid Rise In Biofuel Production
Global production of biofuels is forecast to rise rapidly in the next decade, pu...
05.28.08
Argentine Farmers Resumes Road Blocks
In Argentina today, government representatives issued a document supporting thei...
05.27.08
China To Cut Soybean Import Tax
China is likely to cut the import tax on soybean oil to 3% from 9% from June to ...
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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