India: Oilseeds and Products Update
India’s current area planted for rabi (winter sown) oilseeds is 5.2 million hectares (MHA), an increase of two percent over 2013, primarily due to higher rapeseed and mustard area. Final area planted is forecast at 12.7 MHA. The rabi oilseed production forecast for marketing year (MY) 2014/15 remains unchanged at 13.3 MMT. Strong demand for edible oils amid tighter supplies in MY 2014/15 will push imports to a record 12.6 million metric tons (MMT). Oil meal exports will reach 4.8 MMT.