*Rapeseed oil, soyoil pouring into China markets. KUALA LUMPUR, May 24- Palm oil demand from China, the world's No.2 importer of the commodity, is set to drop in coming months as supplies of alternative edible oils flood local markets, industry sources said. "The number of cargoes to China for June to August is very low... badly below normal, maybe less than 100,000 tonnes a...
CHICAGO, Feb 28- U.S. corn futures rose on Tuesday and soyoil futures climbed about 4 percent on prospects for changes to the U.S. renewable fuels policy that could boost demand for corn-based ethanol and soy biodiesel, traders said. Chicago Board of Trade May corn settled up 5-1/ 2 cents at $3.73-3/ 4 per bushel after reaching $3.86-1/ 4, its highest level since Feb. 16.
CHICAGO, Feb 28- U.S. corn futures rose about 3 percent on Tuesday and soyoil futures jumped nearly 6 percent on expectations that changes to the U.S. renewable fuels policy would boost demand for corn-based ethanol and soy biodiesel, traders said. As of 11:07 a.m. CST, Chicago Board of Trade May corn was up 11 cents at $3.79-1/ 4 per bushel after reaching $3.86-1/ 4,...
China’s growing middle class are propping up sales of luxury goods, box-office receipts and soybeans.
Soybean crops are expected to be good in the year ahead, says Ariel Haendler at Nidera Group.
The global supply of palm oil isn’t big enough to satisfy the demand of consumers according to one analyst.
Massive imports have driven down Indian soybean prices by 20 percent in four months and spurred crushers to close factories.
Ben Lichtenstein, President and Founder of Tradersaudio.com, attributes oil's plunge to oversupply and rising efficiency in refineries, instead of slowing economic growth.
Chinese importers' defaults on soybean cargos may spur debt concerns, but such defaults aren't unusual and China's soybean business has been struggling.
Stan Ryan, Vice President at Cargill Corporate says that with markets more open now, there is less chances for a repeat of the 2008 food crisis. He explains more.
As the world’s largest importer of American agricultural products, China stands to get walloped by the drought that is ravaging US croplands. Globalpost reports.
Tom Essaye, Editor, Money and Markets says things are improving in corn & soybean markets due to hot weather concerns.
Oil prices have fallen sharply in the wake of the disaster in Japan as investors have shunned risk. Nymex has declined around 5 percent since last Friday's earthquake and tsunami. However, Jim Rogers, Chairman of Rogers Holdings, who has been a long-term bull on oil, thinks it's only a matter of time before the current trend reverses.
Legendary investor Jim Rogers says the bull market in commodities is "still in place" and has a "long way to go."