India: Oilseeds and Products Update

Peanut production and planted area for marketing year (MY) 2017/18 (Oct/Sept) is revised to 7 million metric tons (MMT) on 5.2 million hectares. Earlier, the peanut production was forecast at 6.6 MMT on 4.8 million hectares. A marginal rise in planted area generated a higher yield estimate, particularly for kharif (fall harvest) peanuts, which buoyed total oilseed production. Total oil meals and edible oils production and consumption estimates are unchanged. Trade data for MY 2016/17 is updated to reflect the latest figures.

India: Oilseeds and Products Update