Vegetable Oil Imports Up and Expected to Increase Further India’s oil year 2016/17 (November-October) ends soon with all vegetable oil imports in the past 11 months totaling 14.268 MMT, up 5.18 percent against 13.565 MMT during the same period of the previous year. This included 13.939 MMT of edible vegetable oil, up 3.92 percent versus 13.413 MMT during November 2015-September 2016 and possibly reaching 15.25 MMT for the entire year.The non-edible oil imports were also up 116 percent at 0.329 MMT against 0.152 MMT in the same period of 2015/16. Overall vegetable oil imports could touch 15.5 MMT for 2016/17 as they remain high at 1.2–1.3 MMT in October 2017.
The growth in vegetable oil imports has occurred despite the countr...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
