India: Oilseeds and Products Annual
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Post New Delhi forecasts total oilseed production to reach 43 million metric tons (MMT) for the marketing year (MY) 2025/26, marking a slight increase. For the first time, rapeseed production is expected to surpass soybean production, driven by improved price realization. Additionally, Post anticipates oil meal ending stocks will rise to 1.5 MMT due to the availability of more affordable oil meals and a decrease in export demand for soymeal and rapeseed meal. Furthermore, edible oil imports are forecasted to drop by 7 percent, with palm oil imports hitting a 15-year low as a result of higher prices, which will reduce ending stocks to 3.6 MMT. To fill the gap left by reduced palm oil, Post projects an increase in soybean oil imports from South America.