The government of India (GOI) has raised the import duty on vegetable oils in order to help domestic farmers obtain a slightly better value for their oilseed crops. This could be the first of several hikes over the next few months as the world will be flooded with vegetable oil after October. Vegetable Oil Import Duty Increased The government of India (GOI) last week raised the import duty on vegetable oils by 5 percent, based on a demand from the Solvent Extractors Association (SEA of India). It will now be 12.5 percent on the crude variety and 20 percent on the refined. This could be the first of several hikes over the next few months as the world will be flooded with vegetable oil after October when the new crop comes to market. India'...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.