World Perspectives
soy-oilseeds softs

Indian Subcontinent Regional Analysis

 Market/trade reports indicate India's soybean crop this year could be 10 percent less because of the smaller planted area as well as the water damage incurred. If soymeal prices move up, the country could lose one advantage. Sugar Imports Allowed Exclusively for South Indian Sugar Mills In a surprising move, the government of India (GOI) has agreed to allow the import of 0.3 MMT of raw sugar at a reduced duty of 25 percent. It took this step as the country is in the midst of festival season with sugar demand likely to rise. In order to safeguard the interests of the industry, GOI had hiked the import duty on sugar in July 2017 to 50 percent from 40 percent. However, supplies remain tight in South India (see Ag Perspectives, 1 Septem...

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feed-grains soy-oilseeds wheat

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