Vegetable Oil Imports Up and Expected to Increase Further India’s oil year 2016/17 (November-October) ends soon with all vegetable oil imports in the past 11 months totaling 14.268 MMT, up 5.18 percent against 13.565 MMT during the same period of the previous year. This included 13.939 MMT of edible vegetable oil, up 3.92 percent versus 13.413 MMT during November 2015-September 2016 and possibly reaching 15.25 MMT for the entire year.The non-edible oil imports were also up 116 percent at 0.329 MMT against 0.152 MMT in the same period of 2015/16. Overall vegetable oil imports could touch 15.5 MMT for 2016/17 as they remain high at 1.2–1.3 MMT in October 2017.
The growth in vegetable oil imports has occurred despite the countr...
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
As Cuba's economic crisis has deepened, discussions about the country's eventual economic and political transition have reemerged. One question that inevitably follows is what opportunities might emerge for U.S. agricultural exports. So, here’s a brief review of those opportunities, but n...
