India's annual edible oil demand stands at 18-19 MMT with an annual growth rate of approximately 4 percent. Last year's imports totaled 11.3 MMT, but that could increase if there is any further drop in the country's oilseed production. Slow Rapeseed-Mustard Sowing Could Impact Production, Increase Imports India is a major consumer of oils, and rapeseed-mustard is one of the country's major oilseed crops in the rabi season (winter sowing). Its share in total oilseed production increased from 19.61 percent in 2007/08 to 26.56 percent in 2009/10, which is where it has approximately remained. Regarding rabi oilseed production, its share was 64.52 percent in 2007/08, increased to 77.47 percent in 2010/11 and reached a peak of 79.09 percent in...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
Just when we thought it was safe to step outside and enjoy some certainty in the world of international commerce, the Trump Administration announced on Thursday afternoon a barrage of tariffs on 60 countries based on its recent Section 301 investigations. Section 301 permits the executive branc...