With India's planted corn area down and production expected to be impacted by the effects of flooding and drought, several factors could limit any imports to meet demand. India’s Vegetable Oil Demand Rises; Shares of Traditional Oils Drop India’s edible oil imports in oil year 2016/17 (November-October) will likely reach 15MMT. They were at 1.336 MMT in August 2017, down from 1.489 MMT the previous month but higher than the 1.248 MMT in August 2016. They totaled 12.749 MMT during November 2016-August 2017, up from 12.165 during the same period a year ago, and another 2.3 MMT are expected in the remaining two months of the current oil year.From 2001/02 to 2015/16, vegoil consumption has risen from 10.125 MMT to 21.35 MMT or 7.39 percent pe...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...