India’s Vegetable Oil Demand and Imports Both Higher in 2017/18 India’s overall vegetable oil imports reached 15.573 MMT for 2017/18 (March-April), a 9.53 percent increase from 14.217 MMT the previous year. This included 15.181 MMT of edible oil and 0.392 MMT of nonedible oil, up from 13.975 MMT and 0.242 MMT, respectively. Palm oil’s share of all edible oil imports was over 60 percent as Malaysia withdrew its export duty on that variety. India imported 9.293 MMT (crude, refined, etc.) in 2016/17, which comprised 62 percent of the total imports, and 3.795 MMT from November 2017 to March 2018 (the first five months of the oil year), up slightly from 3.553 MMT during the same period of the previous oil year. That volume of...
What You Need to Know Today: Chinese President Xi Jinping arrived at the White House today as part of a highly anticipated three-day visit to the United States, marking his first visit to Washington in eleven years. Trade is expected to feature prominently in discussions with President Trump,...
Officials from the Trump Administration are reportedly considering rolling back the Administration’s beef import plan as there is a growing panic about the midterm elections. The proposal to reduce the 300,000 MT of beef imports – 100,000 MT for September – is being discussed...
Key Takeaways: The United States shifted from a decades-long agricultural trade surplus to a growing deficit, reaching roughly forty-one to forty-four billion dollars in recent fiscal years, a structural change rather than a cyclical dip. Brazil has overtaken the United States as the leading s...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.