Market News

11.04.08

Indonesia May Restrict Biofuel Exports

Indonesia may restrict biofuel exports to ensure sufficient supplies in the dome...

11.03.08

Brazil Biodiesel Mandate Expected to Impact Exports

In Brazil, three months after the government mandated biodiesel blends at servic...

10.31.08

Crude Oil Heading For 37% Decline on Month

Crude oil is poised for its largest monthly drop since trading began in 1983, on...

10.29.08

European Commission May Amend Biofuel GHG Allowance

The European Commission is reportedly preparing to amend its values for the amou...

10.28.08

US Gasoline Prices Down

The average price of regular gasoline in the US fell to $2.78 a gallon as the gl...

10.27.08

Fiji Plans Biodiesel Initiative

A $174 million biodiesel initiative to reduce Fiji’s reliance on imported diesel...

10.24.08

US Farm Belt Hit By High Costs

The Farm Belt in the US Midwest, one of the hottest parts of the US economy in r...

10.23.08

CPO Prices Could Go Lower

A London-based vegetable oil analyst said that CPO prices may fall to $338/mt if...

10.22.08

Oil Prices Fall Below $70

Oil prices fell below $70 Wednesday on worries about energy demand amidst slowin...

10.21.08

West Africa Could Benefit From Bioenergy Development

Combating poverty through the development of sustainable bioenergy is a viable o...

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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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