While India continues to import large quantities of palm oil, considered unhealthy by many and mostly used domestically as a base for mixed vegetable oils, the government of India (GOI) is allowing bulk exports of rice bran oil in order to help the small rice millers who think there is less local demand. India’s Edible Oil Trade While India continues to import large quantities of palm oil, considered unhealthy by many and mostly used domestically as a base for mixed vegetable oils, the government of India (GOI) is allowing bulk exports of rice bran oil in order to help the small rice millers who think there is less local demand. Since India first started to import vegetable oil, rice bran oil exports had been permitted only in retail pack...
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...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.