Market News

01.04.08

Soybean Prices At 34-Year High

Soybean futures in Chicago rose for a third day to a 34-year high on speculation...

01.03.08

India Veg Oil Tariffs Unchanged

India left tariff values unchanged for six palm group oils and crude soybean oil...

01.02.08

Biofuels Stocks End 2007 On A High Note

The Biofuels Digest Index™, a basket of public biofuels stocks, rose 1.7% on Fri...

12.31.07

Brazilian Ethanol Production Up 20% in 2007

In Brazil, ethanol production increased 20% in 2007, according to figures releas...

12.28.07

CPO Futures At $928 Per Ton

The crude palm oil (CPO) three-month futures contract reached an historic high o...

12.28.07

Ethanol Margins Recovering

According to a report by Citigroup, ethanol prices are now trading in line with ...

12.19.07

UN Says Cost Of Imported Foodstuffs Is Highest On Record

The UN Food and Agriculture Organization (FAO)says the global cost of imported f...

12.17.07

Global Grain Use May Outpace Supply

Examining the outlook for food supplies, the London-based International Grains C...

12.14.07

US Renewable Energy Consumption May Double By 2030

According to the US Department of Energy's annual outlook, renewable energy cons...

12.12.07

Indonesia Sees No Change in Palm Oil Export Tax

Indonesia has no plans to alter the current palm oil export tax, its Trade Minis...

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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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