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India becomes 'dumping ground' as palm oil imports surge

Massive imports have driven down Indian soybean prices by 20 percent in four months and prompted crushers to shut down factories.
Source: Reuters
India edible oil producers fight losing battle against cheap palm oil imports

*Next year, India's palm oil imports seen up 7.5 percent. DEWAS, India, Sept 4- Rajesh Agrawal had built two large oilseed crushing mills in central India, betting on rising local consumption of edible oils. Now with Malaysian palm oil prices near 6-1/ 2 year lows, imports could rise even more, undermining Prime Minister Narendra Modi's efforts to make the country...
Source: Reuters | By: Rajendra Jadhav
Indonesia to pledge to make deeper emission cuts by 2030

JAKARTA, Sept 2- Indonesia will pledge to increase its commitments on cutting greenhouse gas emissions growth by 29 percent by 2030, the environment and forestry minister said on Wednesday, but giving few details on how this would be done. Indonesia, ranked third in the amount of land covered by tropical forests and the world's top palm oil producer, is likely to...
Source: Reuters | By: Bernadette Christina
UPDATE 1-Tree loss slows, but covers area twice size of Portugal in 2014-study

*Tree cover losses rise in Brazil and Indonesia- study. "This analysis identifies a truly alarming surge in forest loss in previously overlooked hotspots," Nigel Sizer, a WRI director, said in a statement, pointing to West Africa, Asia's Mekong River Basin, South America's Gran Chaco region and Madagascar. Tree cover loss also rose in Brazil and Indonesia, home to some...
Source: Reuters | By: Michael Taylor
Tree loss slows, but covers area twice size of Portugal in 2014-study

*Tree cover losses rise in Brazil and Indonesia- study. Brazil and Indonesia, which contain some of the world's biggest tropical forests, both saw a small rise in tree cover loss last year, while losses accelerated in some previously overlooked regions, according to data compiled by the U.S.-based World Resources Institute think-tank. "This analysis identifies...
Source: Reuters | By: Michael Taylor
Spotify's Top 10 most viral tracks

2. Nathaniel Rateliff& The Night Sweats, "S.O.B." 4. Hailee Steinfeld, "Love Myself". 3. Nathaniel Rateliff& The Night Sweats, "S.O.B.
Source: The Associated Press | By: By The Associated Press
More students are crowdfunding college tuition

With tuition continuing to rise students are increasingly turning to strangers to crowdfund college, NBC News reports.
Source: NBC News | By: Herb Weisbaum
Rate hike on the way? What to expect from the Fed  

Simeon Hyman, ProShares Advisors, and Peter Boockvar, The Lindsey Group, share their outlook on the markets and economy.
Source: CNBC.com
Blame the beach for this trading pattern

If you've seen trading on a volatile week concentrated in a few stocks, you can blame the beach! Here's why.
Source: CNBC.com | By: Carol Roth
Dycom Industries tops Street 4Q forecasts

PALM BEACH GARDENS, Fla. _ Dycom Industries Inc. on Tuesday reported fiscal fourth-quarter earnings of $33.8 million. Four analysts surveyed by Zacks expected $565.7 million. For the current quarter ending in November, Dycom Industries said it expects revenue in the range of $615 million to $635 million.
Source: The Associated Press