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
The crude palm oil (CPO) three-month futures contract reached an historic high o...
12.28.07
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...
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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