Market News

04.10.09

IEA Cuts World Oil Demand Forecast

IEA on Friday cut its 2009 world oil demand forecast by 1 million barrels a day ...

04.08.09

Malaysian Palm Oil Inventories Down

Malaysia's Minister for Plantation Industries and Commodities said the country's...

04.08.09

EU Finalizes Climate-Energy Package

EU has finalized a climate-energy legislative package designed to achieve a 20% ...

04.08.09

Argentine Government and Farmers Continue Talks

The Argentine government and farmers will continue to hold weekly talks regardin...

04.08.09

Canadian Bioenergy And ADM To Partner On Biodiesel Plant

Canadian Bioenergy and Archer Daniels Midland are considering building a 70 mill...

04.06.09

Malaysian CPO Prices To Firm This Week

CPO futures on Bursa Malaysia Derivatives are expected to be firmer this week wi...

04.06.09

Louis Dreyfus Acquires New Biodiesel Capacity

Louis Dreyfus has acquired Swiss company Gate Global Alternative Energy Holding,...

04.06.09

Brazil May Increase Biodiesel Mandate

The Brazilian government is considering raising its biodiesel mandate to 4% from...

04.03.09

Malaysian Palm Oil Futures Hit 6-Month High

Malaysian crude palm oil futures soared 5.1% to a 6-month high yesterday, booste...

04.03.09

US Soybeans Gain On Week

US Soybeans for May delivery gained 0.7% to $9.835 a bushel, Bloomberg reported ...

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US Congress Agrees on Farm Bill

05.09.08

The US Congress has reached agreement on a $285 billion Farm Bill. Among its provisions, the Farm Bill will provide $300 million in reauthorization of the Commodity Credit Corporation (CCC) Bioenergy program.

The energy package also funds research on next generation cellulosic biofuels, increased oversight over manipulation of energy prices, revocation of $17 billion in tax breaks to oil companies, and imposition of a 25% windfall profits tax on firms that do not invest in new energy sources. It is unclear if the White House will sign the measure.



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