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...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.