Market News 
10.09.09
USDA Releases Latest World Agriculture Report
According to a USDA report released Friday, total US oilseed production is forec...
09.25.09
Biodiesel to Diesel Spread Continues to Increase
The price of ICE diesel fell nearly $25/mt on week while the average price of ra...
09.25.09
Goldman Sachs Raises 2010 Oil Demand Forecast
Goldman Sachs has raised its global crude oil demand forecast for 2010 by 1.9% o...
09.18.09
EU Ambassador Warns of US Senate Climate Bill Delay
The EU ambassador to the US said Thursday that any delay by the US Senate that p...
09.18.09
Brazil Proposes Amazon Protection Rule
On Thursday, the Brazilian government proposed legislation to protect the Amazon...
09.18.09
Argentine Agricultural Secretariat Resigns, Farmers Indifferent
In Argentina, Carlos Cheppi has resigned as Agriculture Secretariat, and will be...
09.18.09
Higher Ethanol Requirements Still Possible in Senate Bill
The Senate began debate Thursday on the $32.1 billion 2010 Interior/EPA spending...
09.16.09
Malaysia Palm Oil Exports Fall
Exports of Malaysian palm oil products for Sept 1-15 fell 19.3% to 538k mt from...
09.16.09
Biomass Electricity Increases in Italy
In Italy, electricity generated by biomass rose by over 8% last year from 2007, ...
09.09.09
US Soybean Harvest to Hit Record High
The US soybean harvest will reach a record 3.304 billion bushels, the Linn Group...
Saudi Oil Minister Links Oil Prices to Biofuels
03.03.08
Saudi Arabia's oil minister Ali al-Nuaimi says oil prices will stay above a minimum of $60 to $70 dollars per barrel because public policy in many countries is to invest in alternative energy sources to compete with petroleum, and this can only occur if oil is priced at this level.
"If you take all the subsidies that go into producing a barrel of biofuels,” he said, “I doubt that anybody can make money in that business with a price of less than $60 or $70. Therefore, a line has been drawn below which the price cannot fall."
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