Corn hits 10-year high (CNNMoney.com) Investment funds pulled money from underperforming markets like oil to buy grains Thursday, setting off a blistering rally that took corn to 10-year highs and lifted wheat and soybean prices sharply.
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Third Hoosier Soy-biodiesl Plant Begins Construction (Hoosier Ag Today) A year ago the Hoosier state had no way to produce its own soy biodiesel. Today we have one plant in operation and two under construction. E-biofuels broke ground on their new facility near Middletown in Henry County.
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How best to use biomass? (Chemistry World) US researchers have developed an efficient way of turning renewable resources like vegetable oils – and potentially biomass - into hydrogen-rich gas. The gas could be converted to synthetic fuels and industrial chemicals, or used in fuel cells.
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Chinese consume more vegetable oil (Texas Agriculture) China's per capita vegetable oil consumption has reached levels similar to Japan and South Korea in a relatively short time. A large portion of the vegetable oil growth is being captured by restaurants.
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Alternative oil crops may diversify farms (Mississippi State University) Brian Baldwin, a Mississippi Agricultural and Forestry Experiment Station researcher, is identifying alternative crops that can grow in Mississippi and produce large quantities of oil. The highest oil-producing crops are tropical, but there are other plants that can be grown in Mississippi and yield more oil per acre than those currently being grown.
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Thirst for ethanol to remain strong: ADM chief (Crain's Chicago Business) U.S. ethanol producers aren't close to saturating the market for the alternative fuel, Archer Daniels Midland Co. CEO Patricia Woertz said Thursday in response to concerns that an ethanol glut is developing.
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