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MARKET DEVELOPMENT  
  23-03-2005

US farm dept says weather-hit Brazil soy crop keep

3/22/05 - February soybean prices in U.S. were $1 per bushel higher onmonth due to a drop expected in the Brazilian crop, the Oilseeds Outlookof the U.S. Department of Agriculture said Monday. It said U.S. soyexports are seen higher at 1,045 million bushels over earlier1,010-million-bushel estimate due to an abundant 2004 crop in the country.

MARKET DEVELOPMENT  
  23-03-2005

USDA Releases Oil Crops Yearbook Summary

Mar. 22 2005 - This summary is published by the Economic ResearchService, U.S. Department of Agriculture, Washington, DC 20036-5831. Thecomplete report will be available electronically about one week followingthe summary release.

MARKET DEVELOPMENT  
  21-03-2005

Argentina's 30,000-tn crude soyoil shipment to rea

18/03/05 - A 30,000-tonne crude soyoil consignment from Argentina islikely to reach Kandla port in Gujarat in the middle of April, industrysources said Friday.

MARKET DEVELOPMENT  
  21-03-2005

Book By Tan Sri Basir Ismail Supports Better Land

KUALA LUMPUR, March 18 (Bernama) -- The need to maintain the economicunits of smallholdings prompted Malaysian Palm Oil Board chairman Tan SriBasir Ismail to write a book entitled "Land Agricultural Policy: AMismatch".

MARKET DEVELOPMENT  
  21-03-2005

Indonesia lobbies hard for cut in India's palm oil

3/19/05 - Indonesia is lobbying hard with the Indian government to cutthe latter's palm oil import duty by 20 percentage points, a seniorIndonesian government official said Friday.

MARKET DEVELOPMENT  
  21-03-2005

Indonesia to protest hike in Indian palm oil duty

Mumbai , March 20 - UPSET with last month's steep hike in the customs dutyon palm group of oils, Indonesia, world's second largest producer andexporter, has decided to lodge a protest on the ground that the Indianduty structure favours soyabean oil and discriminates against palm oil.

MARKET DEVELOPMENT  
  21-03-2005

Japanese firm Nisshin Oillio to begin exporting fa

3/16/2005 Nikkei English News TOKYO -- Nisshin Oillio Group Inc. will infiscal 2005 start overseas sales of value-added edible oil products thathelp prevent the buildup of cholesterol and fat, company officials said.

MARKET DEVELOPMENT  
  21-03-2005

Level Playing Field Not Possible With Subsidies

WASHINGTON, March 18 (Bernama) -- The call for a "level playing field" inagriculture could only be achieved if major players provide the necessaryleadership, Minister of Plantation Industries and Commodities, Datuk PeterChin, said on Thursday.

MARKET DEVELOPMENT  
  21-03-2005

Lion Forest in Indon oil palm venture

Saturday March 19, 2005 - LION Forest Industries Bhd has entered into ajoint venture with Pemerintah Kabupaten Malinau (PKM) to develop 40,000haof oil palm plantation and build two crude palm oil mills in MalinauRegency, Kalimantan Timur.

MARKET DEVELOPMENT  
  21-03-2005

Malaysia seeks US partners to make biodiesel

16-03-2005 - Malaysia, the world's biggest producer of palm oil, wants topartner with US firms to produce and market biodiesel for the automotiveindustry, Commodities Minister Datuk Peter Chin was quoted as saying onMarch 15.

MARKET DEVELOPMENT  
  21-03-2005

Malaysian tycoon Robert Kuok buys KTV Oil Mills fo

3/18/05 - Billionaire Robert Kuok has acquired KTV Oil Mills, a largeedible oil company in South India, to introduce imported oil under its owninternational brand name. The deal, worth around Rs 80-crore, is thesecond-largest in the sector, after Bunge took over HLL’s Dalda. But don’tthink of the buyers as barbarians at the gate.

MARKET DEVELOPMENT  
  21-03-2005

Pakistan seeks to be self-sufficient in edible oil

3/18/2005 Pakistan Press International ISLAMABAD - Minister for Food,Agriculture and Livestock Sikandar Hayat Khan Bosan has called upon theagriculture scientists to devote their services to make the countryself-sufficient in edible oil production.