Market News

03.11.09

US Soybean Stocks Decrease

US soybean inventories before the 2009 harvest will be 12% smaller than forecast...

03.09.09

Argentine Farmers to Lobby Congress On Export Taxes

Leaders of Argentina’s four main farm groups, which are seeking to cut soybean e...

03.06.09

Malaysian Palm Oil Stocks Reduced From Month Prior

Malaysia's average palm oil inventories are significantly lower this month than ...

03.05.09

Indonesia to Increase CPO Exports

Indonesia is expected to increase its CPO exports to Pakistan after Pakistan agr...

03.04.09

Argentina Government Meets With Farmers

Argentina’s government agreed to eliminate export taxes on dairy goods, increase...

03.04.09

Goldman Sachs Predicts CPO Price Drop

Goldman Sachs has stated that investors should take profits on shares of palm pl...

02.27.09

Argentina Considering Nationalization of Grain Trade

Argentina’s government is considering a plan to nationalize the country’s grain ...

02.26.09

Malaysian Biodiesel Exports Rise

Malaysia's biodiesel exports rose to 12,731 mt ($8.2 million) in January from 3,...

02.26.09

Germany Launches Climate Initiative With Thailand

Germany on Wednesday launched a "climate initiative" with Thailand, providing $1...

02.25.09

US EPA Plans To Seek Outside Review on RFS Expansion

US EPA officials overseeing the expansion of the RFS have said that they are ope...

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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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