Vegetable Oil Imports Decline India’s vegetable oil imports totaled 1.073 MMT last month, a drop of 10.1 percent from 1.174 MMT in October and down 15.2 percent versus November 2017.
In June 2018, the government of India (GOI) raised the duty on vegetable oils. The rates on crude palm oil and refined palm oil had previously been increased to 44 percent and 54 percent, respectively, which must be reduced to 40 percent and 45 percent, respectively, by 31 December 2018 in accordance with the comprehensive Economic Cooperation Agreement (MICECA) signed with Malaysia on 27 October 2010. In anticipation of that likely decrease, there has been a dip in the two major palm oil categories against last month with imports of refined ble...
Given yesterday’s headlines, today’s market action may not be what many expected. The dollar is little changed, crude oil is pulling back and stocks are trading higher. Crude may be the biggest piece of today’s reversal. Saudi Arabia is offering additional crude to Asian buyer...
Key Takeaways: Managed money is holding more than one million net-long contracts across agricultural markets, with corn, soybeans, and soymeal all reaching record net-long positions in September. Fundamental concerns surrounding yields, supplies, and global availability have helped justify the...
What You Need to Know: H-2A has become a principal agricultural labor channel: certifications increased from fewer than 117,000 in 2014 to 398,258 in 2025 and continued to rise in 2026. The proposed Securing Agriculture’s Workforce Act (SAWA) would open H-2A to year-round operations and...
