Market News 
02.26.08
Palm oil surged 6% to a record high on the Bursa Malaysia derivatives exchange, ...
02.26.08
CBOT Wheat Trades At All Time High
At the Chicago Board of Trade, wheat traded at an all-time high of $12 per bushe...
02.25.08
Iran Supports Oil Production Cut
Iranian oil minister Gholamhossen Nozari said last week that there is no reason ...
02.22.08
Majority of New European Cars Are Diesel
More than half of all new cars sold in Europe last year had diesel engines, the ...
02.21.08
Ethanol prices in Europe have been static in the first part of 2008, as high sto...
02.21.08
Soy Crop Area Expanding in Argentina
Soybean crops in Argentina now occupy more than half of the country's cropland, ...
02.20.08
Cuba May Shift Biofuels Policy
Analysts say that Cuba has the potential to produce between 2 billion and 3 bill...
02.19.08
EIA Sees US Retail Gas At $3.03 Per Gallon
The Energy Information Administration lowered its forecast for the cost of regul...
02.19.08
Fuel Prices Cause Unrest In Mozambique
Recent events in Mozambique characterized by some international news outlets as ...
02.19.08
Commodities Cited As Top Performing Asset in 2007
Commodities were the top performing asset class in 2007, outperforming residenti...
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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