date:Apr 11, 2014
Indias total oilseed production, to include soybeans, rapeseed, mustard, peanuts, sunflower seed, cottonseed, and copra is forecast at 37.4 MMT in MY 2014/15 (Oct-Sep), a 2.5 per cent decrease from the current year. This forecast assumes normal weather patterns during the 2014 June-September monsoon.
The expected dip in production, coupled with growing consumption, and tight stocks will moderate availability of oilseeds for millers. Consequently, total meal and oil production in MY 2014/15 will