Market News

04.27.09

US Soybeans Drop Most In Months

CBOT soybeans dropped the most in over two months on speculation that the swine ...

04.24.09

Chinese Automaker to Research Biodiesel Engines

Chinese automaker Chery is planning to open a $700 million automobile plant in B...

04.24.09

Malaysia CPO Futures Rise

Palm oil futures in Malaysia rose as much as 2.6% to $739/mt, the highest level ...

04.24.09

China Soybean Imports Remain High

China's March soybean imports remained high as the government's purchases of loc...

04.24.09

German Biodiesel Industry at 60% Capacity

Germany's biodiesel industry is currently operating below 60% capacity due to hi...

04.24.09

US Soybean Prices Climb For Third Week

Soybean prices climbed for the third straight day in Chicago as rising exports e...

04.22.09

China To Stockpile Rapeseed

China plans to stockpile about 25% of this year’s forecast rapeseed crop to boos...

04.22.09

US Soyoil Exports To India Highest In Years

US soyoil exports to India have spiked after the country eliminated a 20% import...

04.17.09

China Seeking to Sell 500 Thousand mt of Soybeans

China is seeking to sell 500,000mt of imported soybeans as part of a stock rotat...

04.17.09

Infinita Renovables to Supply Biodiesel To BP

Infinita Renovables, the biodiesel unit of Spanish company Isolux-Corsan SA, sig...

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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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