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...
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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