India: Oilseeds and Products Update
Post maintains its previous marketing year (MY) 2016/17 (Oct-Sept) forecast for Indian soybean production in at 11.5 million metric tons (MMT), derived from 11.4 million hectares. Peanut production is revised higher to 6.4 MMT, derived from 5.5 million hectares. Oilmeal sales and edible oil imports are adjusted to reflect the latest trade estimates.
India: Oilseeds and Products Update