Total Oilseed for 2010-11 forecast at 34.9 million tons up from 31.7 mmt 2009-10e- Edible oil production 2009-10e at 6.2 mmt while 2010-11 forecast at 7 million tonsAssuming a normal monsoon and favorable growing conditions, total oilseed production in 2010/11 is forecast at 34.9 million tons, up 3.2 million tons over the 2009/10 production estimate.
Poor monsoon rains and floods in major growing oilseed growing regions have brought down the total oilseed production in 2009/10 to 31.7 million tons.Soybean production for 2008-09 was 9.1 million tons. Rapeseed production for 08-09 was 6.7 million tonnes, sunflower 1 million tons.Oil meal exports are estimated at 3.05 million tons, while edible oil imports in 2009/10 were 8.6 million tons (includes 6.95 million tons of palm oils, 1 million tons of soy oil, 600,000 tons of sunflower oils).Edible oil production in 2009/10 is estimated at 6.2 million tons which includes 2.1 million tons of rapeseed oil, 1.25 million tons of peanut oil, 1.06 million tons of soybean oil, and 1.04 million tons of cottonseed oil, and 744,000 tons of coconut palm and sunflower oils. while imports are estimated at 8.6 million tons (6.95 million tons of palm oils, 1 million tons of soy oil, 600,000 tons of sunflower oil and 40,000 tons of other edible oils). Edible oil production in 2010/11 is forecast at 7 million tons, up 13 percent over 2009/10 with most of the increase expected in peanut, rapeseed, and soybean oil. Consequently, the consumption is also forecast to increase by 5 percent at 15.7 million tons.During the first five months of 2009/10, the total sales commitment of U.S. origin soy oil to India was 108,300 tons, which was almost 25 percent of India’s total soy oil import to date. India imports its soybean oil from Argentina, Brazil and U.S. U.S. contributes 25% of Indian soy oil imports. Crude oil zero duty while refined oil 7.5% dutyPeanut exports in 2010/11 are forecast to increase by 80,000 tons to 250,000 tons due to anticipated higher production and improving quality of Indian Hand Picked Select (HPS) peanuts. Peanut export estimate in 2009/10 is revised down by 90,000 tons to 170,000 tons. Indonesia, Malaysia, Philippines, UAE, Pakistan, Singapore, United Kingdom, Sri Lanka and Ukraine are major export destination for Indian peanuts.Anticipating higher domestic production of sesame seed in 2009/10, exports are estimated to be 250,000 tons, up 60,000 tons over 2008/09. Taiwan, U.S.A, South Korea, Vietnam, China, Netherlands, Germany, Greece, Malaysia and Turkey are major export destinations for Indian sesame seed.Total feed use in 2010/11 is forecast to increase by 1.1 million tons to 11.5 million tons, this would include 3.6 million tons of cottonseed meal (mostly used in livestock feed), 2.75 million tons of rapeseed meal, 2.7 million tons of soybean meal, 1.8 million tons of peanut meal, and 650,000 tons of other oil meals. Almost 70 to 80 percent of total oilseed production is crushed for oil while the balance quantity goes for food, feed and seed use.SBM constitutes more than 70% of the total oilmeals export from India. Indian rapeseed meal is finding wide acceptance as organic manure.
Thanks:Agricommodities-india
Poor monsoon rains and floods in major growing oilseed growing regions have brought down the total oilseed production in 2009/10 to 31.7 million tons.Soybean production for 2008-09 was 9.1 million tons. Rapeseed production for 08-09 was 6.7 million tonnes, sunflower 1 million tons.Oil meal exports are estimated at 3.05 million tons, while edible oil imports in 2009/10 were 8.6 million tons (includes 6.95 million tons of palm oils, 1 million tons of soy oil, 600,000 tons of sunflower oils).Edible oil production in 2009/10 is estimated at 6.2 million tons which includes 2.1 million tons of rapeseed oil, 1.25 million tons of peanut oil, 1.06 million tons of soybean oil, and 1.04 million tons of cottonseed oil, and 744,000 tons of coconut palm and sunflower oils. while imports are estimated at 8.6 million tons (6.95 million tons of palm oils, 1 million tons of soy oil, 600,000 tons of sunflower oil and 40,000 tons of other edible oils). Edible oil production in 2010/11 is forecast at 7 million tons, up 13 percent over 2009/10 with most of the increase expected in peanut, rapeseed, and soybean oil. Consequently, the consumption is also forecast to increase by 5 percent at 15.7 million tons.During the first five months of 2009/10, the total sales commitment of U.S. origin soy oil to India was 108,300 tons, which was almost 25 percent of India’s total soy oil import to date. India imports its soybean oil from Argentina, Brazil and U.S. U.S. contributes 25% of Indian soy oil imports. Crude oil zero duty while refined oil 7.5% dutyPeanut exports in 2010/11 are forecast to increase by 80,000 tons to 250,000 tons due to anticipated higher production and improving quality of Indian Hand Picked Select (HPS) peanuts. Peanut export estimate in 2009/10 is revised down by 90,000 tons to 170,000 tons. Indonesia, Malaysia, Philippines, UAE, Pakistan, Singapore, United Kingdom, Sri Lanka and Ukraine are major export destination for Indian peanuts.Anticipating higher domestic production of sesame seed in 2009/10, exports are estimated to be 250,000 tons, up 60,000 tons over 2008/09. Taiwan, U.S.A, South Korea, Vietnam, China, Netherlands, Germany, Greece, Malaysia and Turkey are major export destinations for Indian sesame seed.Total feed use in 2010/11 is forecast to increase by 1.1 million tons to 11.5 million tons, this would include 3.6 million tons of cottonseed meal (mostly used in livestock feed), 2.75 million tons of rapeseed meal, 2.7 million tons of soybean meal, 1.8 million tons of peanut meal, and 650,000 tons of other oil meals. Almost 70 to 80 percent of total oilseed production is crushed for oil while the balance quantity goes for food, feed and seed use.SBM constitutes more than 70% of the total oilmeals export from India. Indian rapeseed meal is finding wide acceptance as organic manure.
Thanks:Agricommodities-india
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ALLLURED HINDFRAG @INDIA