Market News

05.15.09

Oil Prices Hit Six-Month High

Oil prices fell from a high of $147.27 last July to a low of $32.40 in December,...

05.13.09

China Imports Nearly 4 Million Tons of Soybeans in April

China bought 3.71 million tons of soybeans in April, bringing imports to 13.86 m...

05.13.09

CBOT Soybeans Advance to Highest In 7 Years

Soybeans advanced in Chicago to the highest in more than seven months after the ...

05.13.09

OPEC Increases Oil Production Despite Reported Cuts

OPEC increased oil production last month for the first time since July, exceedin...

05.13.09

Global Oilseed Production To Hit Record High

Global oilseed production is projected at a record 422.1 million tons, up 25.9 m...

05.11.09

India Soybean Output To Drop

India's soybean output may drop to 8.2 million mt in the year ending Sept 2009, ...

05.11.09

Brazilian Soy Exports Surge in April

Brazilian soy exports surged in April, mainly due to strong Chinese buying and t...

05.08.09

Indonesia May Reinstate CPO Export Tax

Indonesia may reinstate export taxes on palm oil after a six-month break, due to...

05.08.09

Argentines Fear Nationalization of Grain Market

Argentine grains traders and exporters fear the government may seek to nationali...

05.08.09

CBOT Grain Swap Contracts Start Off Slow

The first-ever exchange-cleared grain swap contracts, launched last month by the...

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Oil Prices Surge For Second Day

06.06.08

Oil prices surged for the second day on a US dollar decline that stemmed from a weak jobs report and a forecast of $150-a-barrel oil.

The US Labor Department reported that unemployment rose to 5.5% in May from 5% in April, the largest monthly jump in more than two decades. Also contributing to the surge, Morgan Stanley released a report expecting a "short-term spike in oil prices," as high as $150 a barrel by July 4.



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