Market News 
05.22.08
US Says Oil Prices Reflect Supply-Demand
US Energy Secretary Samuel Bodman said that crude oil prices, which hit a record...
05.21.08
Canada to Invest $25 Million in Phillippine Biofuels
Canadian-based biodiesel company Green Corporation, in collaboration with the Ca...
05.20.08
USDA Says Biofuels Not A Cause Of Higher Food Costs
The U.S. Department of Agriculture has released a report showing that high energ...
05.19.08
Argentine Farmers to Rally May 25
In Argentina, the four farmer associations which have coordinated the strike put...
05.15.08
Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"
A report by Credit Suisse suggests that reversing US ethanol policy, including s...
05.14.08
DuPont and Genencor Form Cellulosic Ethanol JV
DuPont has formed a joint venture with Danish company, Genencor to develop and c...
05.12.08
US Biodiesel Industry To Ask For WTO Action
According to the Financial Times, the US biodiesel industry will lobby for World...
05.09.08
US Congress Agrees on Farm Bill
The US Congress has reached agreement on a $285 billion Farm Bill. Among its pr...
05.08.08
ADM Delists From Chicago Stock Exchange
Archer Daniels Midland Company has notified the Chicago Stock Exchange of its in...
05.07.08
Goldman Sachs Says Oil Could Reach $200 Per Barrel
Oil could rise to $200 within the next two years as part of a "super-spike" driv...
Report Projects Rapid Rise In Biofuel Production
05.29.08
Global production of biofuels is forecast to rise rapidly in the next decade, pushed by high government blending targets, the Food and Agriculture Organization, the UN food agency and the Organization for Economic Co-operation and Development said in a report published on Thursday.
The report projected that global ethanol production will reach 33 billion gallons in 2017, twice the quantity produced in 2007, and that biodiesel production was set to grow faster than ethanol.
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