Market News 
03.19.08
India Bans Cooking Oil Exports
India has banned exports of all cooking oils for a year to improve domestic supp...
03.18.08
Brazil May Move To 3% Biodiesel in 2007
Brazil’s National Council for Energy Policy has published a resolution to increa...
03.17.08
EIA Sees US Gas At $3.50 Per Gallon for Spring
The Energy Information Administration has revised upward its price forecast for ...
03.17.08
NYMEX to Launch NY Harbor Ethanol Futures Contract
The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc, ann...
03.14.08
Argentina Raises Biodiesel Export Tax
Argentina has raised the flat-rate export duty on biodiesel from 5% to 20% and i...
03.13.08
Japanese Firm Establishes $220 Million VC Fund
Japan’s Mizuho Capital Co, a venture capital firm affiliated with Mizuho Financi...
03.12.08
Agricultural Commodities May Sustain High Prices
According to an analysis by economists with the Food and Agricultural Policy Res...
03.11.08
Indian Oil Companies To Invest $600 Million in Brazilian Ethanol Projects
Indian state-owned oil companies plan to invest $600 in ethanol plants in Brazil...
03.10.08
China Is Largest Edible Oils Market
China has emerged as the largest edible oils market, accounting for 30% of the w...
03.07.08
Finland Biodiesel Production May Reach 200 MGY
Finland's biodiesel production could reach 200 million gallons per year if all p...
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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