Market News

04.10.09

IEA Cuts World Oil Demand Forecast

IEA on Friday cut its 2009 world oil demand forecast by 1 million barrels a day ...

04.08.09

Malaysian Palm Oil Inventories Down

Malaysia's Minister for Plantation Industries and Commodities said the country's...

04.08.09

EU Finalizes Climate-Energy Package

EU has finalized a climate-energy legislative package designed to achieve a 20% ...

04.08.09

Argentine Government and Farmers Continue Talks

The Argentine government and farmers will continue to hold weekly talks regardin...

04.08.09

Canadian Bioenergy And ADM To Partner On Biodiesel Plant

Canadian Bioenergy and Archer Daniels Midland are considering building a 70 mill...

04.06.09

Malaysian CPO Prices To Firm This Week

CPO futures on Bursa Malaysia Derivatives are expected to be firmer this week wi...

04.06.09

Louis Dreyfus Acquires New Biodiesel Capacity

Louis Dreyfus has acquired Swiss company Gate Global Alternative Energy Holding,...

04.06.09

Brazil May Increase Biodiesel Mandate

The Brazilian government is considering raising its biodiesel mandate to 4% from...

04.03.09

Malaysian Palm Oil Futures Hit 6-Month High

Malaysian crude palm oil futures soared 5.1% to a 6-month high yesterday, booste...

04.03.09

US Soybeans Gain On Week

US Soybeans for May delivery gained 0.7% to $9.835 a bushel, Bloomberg reported ...

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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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