Market News 
08.22.08
Lower CPO Prices Boost Malaysian Exports
Malaysia’s biodiesel exports are likely to rise to 143,000 mt from last year’s 9...
08.20.08
Asian Glycerin Prices Bottom Out
Glycerin prices in Asia had fallen by more than 50% after values hit a multi-yea...
08.19.08
Indonesia CPO Export Tax To Remain
Indonesia does not plan to change the current palm oil export tax system despite...
08.18.08
Contracts Cancelled As CPO Drops
Buyers from China and India have cancelled or renegotiated around nearly one mil...
08.15.08
Malaysian crude palm oil futures dropped 8.7% on Friday to an eleven month low a...
08.14.08
Biofuels Reduce Risk of Oil Price Spikes
According to a report by the UK’s Royal Institute of International Affairs, oil ...
08.13.08
The fall in the price of palm oil is due to a question of supply and demand, and...
08.12.08
EU Cereal Yields to Rise in 2008
Cereal yields in the European Union are expected to rise 16% this year compared ...
08.11.08
Brazil and US Sign Energy Agreement
Brazil and the US have signed an agreement to cooperate on electricity, oil and ...
08.08.08
BP To Invest $90 Million In Cellulosic Ethanol
UK energy company British Petroleum and US-based biofuels and enzyme developer V...
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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