Market News

05.15.09

Oil Prices Hit Six-Month High

Oil prices fell from a high of $147.27 last July to a low of $32.40 in December,...

05.13.09

China Imports Nearly 4 Million Tons of Soybeans in April

China bought 3.71 million tons of soybeans in April, bringing imports to 13.86 m...

05.13.09

CBOT Soybeans Advance to Highest In 7 Years

Soybeans advanced in Chicago to the highest in more than seven months after the ...

05.13.09

OPEC Increases Oil Production Despite Reported Cuts

OPEC increased oil production last month for the first time since July, exceedin...

05.13.09

Global Oilseed Production To Hit Record High

Global oilseed production is projected at a record 422.1 million tons, up 25.9 m...

05.11.09

India Soybean Output To Drop

India's soybean output may drop to 8.2 million mt in the year ending Sept 2009, ...

05.11.09

Brazilian Soy Exports Surge in April

Brazilian soy exports surged in April, mainly due to strong Chinese buying and t...

05.08.09

Indonesia May Reinstate CPO Export Tax

Indonesia may reinstate export taxes on palm oil after a six-month break, due to...

05.08.09

Argentines Fear Nationalization of Grain Market

Argentine grains traders and exporters fear the government may seek to nationali...

05.08.09

CBOT Grain Swap Contracts Start Off Slow

The first-ever exchange-cleared grain swap contracts, launched last month by the...

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CBOT Wheat Trades At All Time High

02.26.08

At the Chicago Board of Trade, wheat traded at an all-time high of $12 per bushel, surging more than 25% after Kazakhstan announced it would impose export tariffs to reduce exports. Kazak consumer prices for wheat rose more than 20% in 2007.

Wheat reserves are expected to fall to 109 million bushels, the lowest figures since the 1970s. Spring wheat rose to more than $24 per bushel, while ethanol corn use is expected to increase by 28% to 4.1 million bushels, pushing corn futures for the May contract to $5.53 a bushel.



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