Market News 
07.28.10
Palm oil futures dropped Wednesday after crude oil fell for a second day on risi...
07.28.10
BILL INTRODUCED TO EXTEND ETHANOL TAX CREDITS
A draft bill released by the chairman of the US House of Representatives' tax-wr...
07.28.10
BP REPORTEDLY SEEKING TO SELL ASSETS TO PAY FOR OIL SPILL DAMAGES
A day after BP said it would sell $30 bln in assets to pay for its Gulf of Mexic...
07.14.10
PALM OIL EXTENDS GAINS WEDNESDAY
Palm oil advanced Wednesday extending gains after shipments from Malaysia climbe...
07.14.10
MAJORITY SPANISH BIODIESEL PLANTS OPERATING UNDER 10% CAPACITY
Spanish Renewable Energy Association APPA stated that 75% of the 46 domestic bio...
07.14.10
ITALY BIODIESEL OUTPUT MAY PLUNGE 60-70%
Biodiesel output in Italy may plunge 60-70% this year after falling 50% in the f...
03.26.10
MALAYSIA BIODIESEL MANDATE WILL MARGINALLY IMPACT CPO DEMAND
The impact of Malaysia's biodiesel mandate on palm oil demand for 2011 will be n...
03.26.10
EU COMMISSION REPORT: INDIRECT LAND USE CHANGE IMPACTS BIOFUELS SUSTAINABILITY
Going beyond a 5.6% biofuel blend in transport fuel could impact the environment...
03.26.10
INDONESIA TO RAISE CPO EXPORT TAX
Due to rising global palm oil prices, Indonesia will raise its export tax on cru...
03.26.10
FRANCE SCRAPS CARBON EMISSIONS TAX
The French government has scrapped its plan for a carbon emissions tax. The...
US Soybean and Wheat Crops To Increase in 2008
04.01.08
U.S. farmers will plant more soybean and wheat this year after prices reached record highs, while corn and cotton acres will drop, the U.S. Department of Agriculture reports.
Growers will seed 74.8 million acres with soybeans, up 18% from last year, the USDA said today in a report. Spring-wheat planting will jump 7.8%, as corn acreage drops 8.1%.
The USDA forecasts sent corn futures to a record high on the Chicago Board of Trade, while soybean and wheat prices plunged.
Increased soybean and wheat planting may help refill dwindling inventories, while declining corn output may squeeze supplies available for ethanol makers, including Archer Daniels Midland Co. Prices for most farm commodities reached records this year on booming demand for food, fuel and animal feed.
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