India: Oilseeds and Products Update

Assuming normal weather conditions through harvest, India is expected to produce 7.2 million metric tons (MMT) of rapeseed and mustard in marketing year (MY) 2018/19 (October-September) on planted area of 6.9 million hectares. The estimated production is 12 percent above last year on a net increase in planted area and expectation of a near normal yield. Indian oilmeal export sales are reviving while strong vegetable oil demand will push imports to 15.8 MMT, despite higher import duties.  

India: Oilseeds and Products Update