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Palm Oil Drops as Soybeans, Crude Oil Slide Dims Fuel Prospects (Bloomberg) (Cached page) March 9 (Bloomberg) -- Palm oil futures dropped from a two- month high as a decline in soybean and crude oil prices reduced the prospects of the vegetable oil as a bio-fuel. Monsanto patent not valid for soybean meal, ECJ (Food Navigator Europe) (Cached page) The European Court of Justice has indicated that Monsantoâs patent on Roundup Ready soybean seeds does not also cover processed soybean meal in the EU, say reports. Students use corn and soybean to develop sustainable products (The Purdue Exponent) (Cached page) Purdue students are headed to Indianapolis today to participate in a competition fostering innovation and entrepreneurship. Brazil Soy Forecast Raised to 67.6 Million Tons, Ministry Says (Bloomberg) (Cached page) March 9 (Bloomberg) -- Soybean output in Brazil, the worldâs largest grower after the U.S., will rise more than previously forecast this year after rain boosted yields and farmers increased planting, the Agriculture Ministry said. CPO futures close 2pc lower (Business Times (Malaysia)) (Cached page) CPO FUTURES MALAYSIAN crude palm oil futures fell more than 2 per cent yesterday, as investors sold on concerns over the outlook for prices after a bearish forecast from a top industry analyst on rival soybean stocks, traders said. The benchmark May crude palm oil futures on the Bursa Malaysia Derivatives Exchange ended down RM59, or 2.18 per cent, at RM2,650 it a tonne on the day. "Mistry gave ... Conab Raises Brazil Crop Outlook (DTN / The Progressive Farmer) (Cached page) Brazil's crop supply agency, known as Conab, has raised its outlook for this season's soybean crop to 66.7 million metric tons (mmt), 18 percent higher than last season's production of 57.1 mmt. News courtesy of
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