Market News

04.03.09

Oil Slips As Unemployment Increases

Oil slipped under $52 a barrel on Friday after surging by nearly 9% the day befo...

04.01.09

Billions Invested in Philippine Biodiesel

Over 12 companies have expressed interest in investing $1.1 billion in the Phili...

04.01.09

Argentine Farmers and Government Deadlocked

Argentine farmers and government leaders met again Tuesday, with both sides leav...

03.30.09

Argentine Farmers Lift Road Blocks

Argentine farmers have ended a week of road blockades, after President Cristina ...

03.30.09

Brazilian Farmers Using More Genetically Modified Soy

Brazilian farmers are using more genetically modified soy products in the 2008-0...

03.27.09

Philippine Coconut Oil Exports Fall

Philippine coconut oil exports fell for the eighth straight month in February du...

03.27.09

India Veg Oil Supplies Expected to Increase

Supplies of vegetable oil in India may increase as importers take benefit of dut...

03.27.09

US Soy Falls On Friday

US soy fell by more than 2% on Friday on news China was releasing soy from reser...

03.27.09

US Soy Crushings Down In February

US soybean crushings totaled 135.6 million bushels in February, according to dat...

03.26.09

India To Import 14% More Veg Oil

India is expected to import 14% more vegetable oil in the marketing year ending ...

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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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