Market News 
05.15.09
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'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...
Petrotec Suspends Biodiesel Production
10.23.07
German biodiesel producer Petrotec has temporarily stopping biodiesel production because market conditions do not permit the company to cover production costs.
The company cited the German government's decision to start taxing biodiesel in August 2006 as a prime factor. Germany's renewable fuels trade association estimates that plants in the country are operating at only 40% to 50% of capacity because the tax has removed biodiesel's price advantage over fossil diesel.
Petrotec said it would suspend biodiesel output until the end of 2007, but meet all existing delivery contracts. A further biodiesel tax increase is scheduled in Germany for January 1, 2008.
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