Indian Vegoil Imports Continue to Rise India's imports of vegoils have continued to grow thus far in the 2012/13 marketing year, with palm oil accounting for all of the increase. Imports from October 2012 through May 2013 totaled 7.249 MMT. That was an increase of 11.5 percent over the 6.504 MMT imported in the same period a year earlier. Imports of palm oil rose from 4.787 MMT last year to 5.904 MMT this year, an increase of 24.1 percent. On the other hand, imports of soyoil fell by 37.2 percent to 0.444 MMT in October 2012 through May 2013. Imports of sunoil fell by 18.2 percent to 0.664 MMT and imports of rapeseed oil fell by 88.4 percent to only 8,000 MT.India stands to have a bumper crop of summer oilseeds as monsoon rains have arri...
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...
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.