Market News

01.27.09

Crude Oil Falls Monday

Crude oil fell from a two-week high in New York, Monday, on speculation that rec...

01.26.09

South America Drought Worst In 47 Years

Corn and soybeans declined in Chicago, Monday, as rain in Argentina and Brazil i...

01.23.09

Venezuela and Argentina to Cooperate On Energy

The presidents of Venezuela and Argentina have signed agreements Thursday to coo...

01.22.09

Soybean Prices Increase

Soybeans advanced 0.6% Wednesday after losing 2.8% Tuesday as the dollar’s rally...

01.21.09

India Rules Out CPO Import Tax

India has ruled out import taxes on CPO as prices of domestic oilseeds stay abov...

01.20.09

Malaysia May Scrap CPO Tax

Malaysia’s government is considering a request by domestic palm oil producers, i...

01.19.09

Goldman Sachs Projects Oil Price Increase

Goldman Sachs Group Inc. expects a “swift and violent rebound” in energy prices ...

01.13.09

Oil Could Hit $30 This Quarter

Oil consumption will drop by 1 million barrels a day this year as the US, Europe...

01.13.09

Soybean Prices Increase On Weather Speculation

Soybeans advanced Monday to the highest in more than three months on speculation...

01.12.09

Oil Falls Below $39

Oil fell below $39 a barrel on Monday due to growing evidence that recession is ...

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US Firm To Invest $30 Million In Columbian Biodiesel Facilities

04.15.08

US Texas Biodiesel Corp of Houston TX and Colombian engineering company Industria have signed an agreement to build three palm oil crushing facilities and a biodiesel plant.

US Texas Biodiesel has agreed to lend $30 million to palm growers in Santander and Bolivar for construction, with an option to repay with palm oil or biodiesel. Industrias AVM will be in charge of constructing the facilities.



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