Market News

10.09.09

USDA Releases Latest World Agriculture Report

According to a USDA report released Friday, total US oilseed production is forec...

09.25.09

Biodiesel to Diesel Spread Continues to Increase

The price of ICE diesel fell nearly $25/mt on week while the average price of ra...

09.25.09

Goldman Sachs Raises 2010 Oil Demand Forecast

Goldman Sachs has raised its global crude oil demand forecast for 2010 by 1.9% o...

09.18.09

EU Ambassador Warns of US Senate Climate Bill Delay

The EU ambassador to the US said Thursday that any delay by the US Senate that p...

09.18.09

Brazil Proposes Amazon Protection Rule

On Thursday, the Brazilian government proposed legislation to protect the Amazon...

09.18.09

Argentine Agricultural Secretariat Resigns, Farmers Indifferent

In Argentina, Carlos Cheppi has resigned as Agriculture Secretariat, and will be...

09.18.09

Higher Ethanol Requirements Still Possible in Senate Bill

The Senate began debate Thursday on the $32.1 billion 2010 Interior/EPA spending...

09.16.09

Malaysia Palm Oil Exports Fall

Exports of Malaysian palm oil products for Sept 1-15 fell 19.3% to 538k mt from...

09.16.09

Biomass Electricity Increases in Italy

In Italy, electricity generated by biomass rose by over 8% last year from 2007, ...

09.09.09

US Soybean Harvest to Hit Record High

The US soybean harvest will reach a record 3.304 billion bushels, the Linn Group...

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Bank Bailouts Spread Through Europe

10.06.08

Stocks tumbled around the world, the Euro fell the most against the Yen since its debut, and oil dropped below $90 a barrel as the credit market seizure caused bank bailouts to spread through Europe, Bloomberg reported Monday.

The Dow Jones Industrial Average dropped below 10,000 for the first time since October 2004, Europe's Dow Jones Stoxx 600 Index had its largest intraday decline since 1987, and the value of the 19 commodities in the Reuters-Jefferies CRB Index fell $280.6 billion, a loss larger than their total worth two years ago.



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