India’s Vegoil Imports to Increase by 1 MMT Per Year B.V. Mehta, the head of India’s Solvent Extractors Association (SEA), says India imports of vegoil are expected to grow by an additional 1 MMT per year over the next five years. India already is the world’s top importer of vegoil with imports in 2018/19 estimated by USDA at 15.768 MMT. USDA predicts imports in 2019/20 will increase to 16.465 MMT, but apparently Mr. Mehta believes imports will be even greater. Demand for vegoil in India is being driven by rising per capita incomes and a population that is increasing at the rate of about 25 million per year. USDA estimates India consumed 23.224 MMT of vegoil in 2018/19 and is forecasting consumption in 2019/20 to grow by...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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Illuminating the value of technical research
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