US BioFuel plants defends China UCO Oils Imports-say China has 126 Lacs Restra/US only 7 Lacs-so China holds plenty of UCO at cheaper Prices-cheaper Raw Materials needed to meet rising BioFuels demand-Urges Govt to continue with China UCO Imports to lessen burden on US food crops

Indonesia new Elected President wish to replace All Petroleum Imports with Biodiesel higher Prdn-Placed Indonesia Food/Energy Security on Top of his priority List-wants to stop All $20 Billion Diesel Annual Import, replacing Biodiesel-President wishes wud end Indonesia CPO Exports

Argentina follows last day Cbot SoyOil run-nearby Mth quotes coincides Cbot/deferred mths run slow as US supplies wud compete in harvest mths-Brazil supplies shorts so runs parallel to Cbot-Argentina Brazil Quotes equals as both need to market SoyOil in higher supply mths