Market News 
01.27.09
Crude oil fell from a two-week high in New York, Monday, on speculation that rec...
01.26.09
South America Drought Worst In 47 Years
Corn and soybeans declined in Chicago, Monday, as rain in Argentina and Brazil i...
01.23.09
Venezuela and Argentina to Cooperate On Energy
The presidents of Venezuela and Argentina have signed agreements Thursday to coo...
01.22.09
Soybeans advanced 0.6% Wednesday after losing 2.8% Tuesday as the dollar’s rally...
01.21.09
India Rules Out CPO Import Tax
India has ruled out import taxes on CPO as prices of domestic oilseeds stay abov...
01.20.09
Malaysia’s government is considering a request by domestic palm oil producers, i...
01.19.09
Goldman Sachs Projects Oil Price Increase
Goldman Sachs Group Inc. expects a “swift and violent rebound” in energy prices ...
01.13.09
Oil Could Hit $30 This Quarter
Oil consumption will drop by 1 million barrels a day this year as the US, Europe...
01.13.09
Soybean Prices Increase On Weather Speculation
Soybeans advanced Monday to the highest in more than three months on speculation...
01.12.09
Oil fell below $39 a barrel on Monday due to growing evidence that recession is ...
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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