The company SMART Tbk has developed two new clones of oil palms via conventional breeding techniques, and they have been shown to produce much higher yields. Ukraine and Russia Leaders in Sunseed Production While the U.S. has a significant sunflower seed sector, Russia and Ukraine are now the world’s leading producers (among 28 countries) by a large margin followed by the EU. Just as important is that Russian and Ukrainian production continues to increase at a relatively rapid rate. That has allowed them to also lead the world in exports of sunflower oil.After their introduction to Russia in the early 18th century by Peter the Great, sunflowers became a significant source of vegetable oil and grew to be the most important one during the...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.