Market News 
03.10.10
BRAZIL SOY CROP TO EXCEED LAST YEAR BY 18%
Conab estimated this week that Brazil’s 2009-10 soy crop would reach 67.5 millio...
03.10.10
ARGENTINA SOY EXPORTS STAY FLAT DESPITE LOWER OUTPUT
Argentina's soy exports during the first 11 months of 2009 were in line with the...
03.10.10
SHELL: 40% OF VEHICLES TO BE ELECTRIC BY 2050
Shell CEO stated this week that by 2050 40% of all vehicles in the world will be...
03.10.10
CPO FUTURES CONTRACT TO BEGIN TRADING ON CME GLOBEX
A dollar-denominated, cash-settled crude palm oil futures contract will begin tr...
03.03.10
EU WILL ADOPT 30% EMISSIONS TARGET BY 2020
Netherlands environment minister Jacqueline Cramer said the EU will “definitely”...
03.03.10
VITOL OWNS 25% OF OIL PRODUCTS STORED ON SHIPS
Vitol owns almost 25%, 20 million barrels of a total 79 million barrels, of refi...
03.03.10
OIL RISES WEDNESDAY ABOVE $80 A BARREL
NYMEX crude oil rose 1.3% to $80.69 a barrel Wednesday after a US government rep...
02.24.10
PALM OIL FUTURES FALL ON LOWER DEMAND
Palm oil futures fell for the first time in three days on concern demand may wan...
02.24.10
ASTRA AGRO LESTARI PROFIT DECLINES 36%
PT Astra Agro Lestari’s profit declined for the first time in three years as a f...
02.24.10
INDONESIA TO HOLD CPO EXPORT TAX AT 3% IN MARCH
Indonesia will maintain its export tax on crude palm oil at 3% in March. The...
US and Brazil Defend Biofuels at UN Food Summit
06.04.08
In Rome, Italy, a three-day UN food summit has called for trade barriers to be reduced and food export bans to be lifted to ease increasing food prices. Most countries and international organizations cited multiple causes for increasing food costs, but views on how much each factor contributed varied widely.
The US and Brazil defended biofuel production, amid discussions of whether to scale back or push ahead with biofuels.
On Wednesday, the Islamic Development Bank donated $1.5 billion, as the UN acknowledged that food shortages would cost $15 billion to $30 billion a year to resolve.
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