Market News 
08.06.09
CPO Production Expected Lower on Month
In Indonesia, palm oil production for July is pegged at between 2.03 million and...
08.06.09
ADM reported fourth quarter financials this week, posting a 83% drop in earnings...
08.03.09
Philippine coconut oil exports climbed over 64% to 114k mt on the year in July d...
08.03.09
Argentina Congress Willing to Discuss Farm Export Tax
The head of the pro-government caucus in the Lower House, Deputy Agustín Rossi, ...
08.03.09
Palm Oil Price Hits 6-week High
Palm oil futures had the largest increase in six weeks as crude oil and soybeans...
07.24.09
CPO Rises on Increased Export Outlook
Malaysian CPO futures rose as much as 1.6% on Friday on an improved demand and e...
07.24.09
Rotterdam Port Undergoing Expansion During Trade Lull
A current slowdown of global trade is allowing the port of Rotterdam time to exp...
07.24.09
France and Italy to Cooperate on Biofuels
France and Italy have signed an agreement to cooperate on renewable energy resea...
07.24.09
Argentina Farmers Say Tax Cut Would Increase Grain Output
Argentina’s farmers will press the government to cut taxes and export restrictio...
07.24.09
New York-based Bunge has reported a 58% decrease in net income to $313-million f...
Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"
05.15.08
A report by Credit Suisse suggests that reversing US ethanol policy, including subsidies, won't return grain prices to lower levels and would cause gasoline prices to move higher.
The report notes that corn has energy value and the market is willing to value it on that basis. The US government may decide to slow increases in the nation’s biofuel mandate, but elimination is unlikely, the analysts said. Credit Suisse also sees ethanol prices heading closer to wholesale gasoline prices as increased blending infrastructure comes on line and absorbs the ethanol surplus.
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