Drop in Vegetable Oil Imports India’s vegetable oil imports have increased over the years. They rose from 14.42 MMT in 2014/15 (November-October) to 14.57 MMT in 2015/16 and 15.07 MMT (approx. 1.25 MT/month) in 2016/17. In 2017/18, though, overall imports are down. According to data from the Solvent Extractors Association of India (SEA), the total was 11.91 MMT (1.192 MMT/month) for the period of November 2017-August 2018, a drop of 4.18 percent from 12.44 MMT the year before. imports of palmolein and soyoil have declined the most with a small downward trend in those of rapeseed oil. However, sunflower oil imports have increased slightly.If the same pace (1.192 MMT/month) continues for the next two months, the total for the ent...
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.