Market News

09.22.08

Lower US Soybean Prices Expected

According to an analyst, soybean prices are likely headed lower in coming months...

09.19.08

Brazil Consuming More Ethanol than Gasoline

According to a report released last week by Brazil’s Agriculture Ministry, in th...

09.18.08

US EPA Waives TxLED Requirements

As the result of the disruption in fuel supply from Hurricanes Gustav and Ike, t...

09.17.08

CPO Stocks Surging in Thailand

CPO stocks in Thailand have more than doubled since January as falling world pri...

09.16.08

Sugar Demand Expected to Top Production

Sugar demand is expected to top production for the first time since 2006 when pr...

09.15.08

Oil Prices Drop Below $95

The demise of Lehman Brothers and continuing concern about financial giants incl...

09.12.08

Oil Prices Rise Due to Hurricane Ike

Oil prices rose on Friday as Hurricane Ike forced the closure of energy producti...

09.11.08

Argentine Soy Exports Down

Argentina’s soyoil exports in July totaled 239,884 tons, down from 396,357 tons ...

09.10.08

OPEC Cuts Oil Output

Oil prices churned Wednesday after OPEC moved to reduce output levels, ahead of ...

09.09.08

Brazil Expecting Record Sugarcane Production

Brazil’s government predicts a record production of sugarcane this year totaling...

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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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