India: Oilseeds and Products Annual

India’s oilseeds production in marketing year (MY) 2024/25 (October-September) is forecast to reach 41.9 million metric tons (MMT), a marginal drop from MY2023/2024 estimate of 42.7 MMT due weaker prices for Indian producers, limited agricultural input availability, and weather trends. Oil meal production is forecast to reach to 21 MMT for MY 2024/25 and revised to 21 MMT for MY 2023/24 due to good soybean, rapeseed-mustard, and peanut oilseed production for two consecutive years. India’s imports of edible oils are forecast to reach 16 MMT, a slight drop from MY2023/2024 owning to the impact of El Nino weather patterns on Indonesia, India’s largest supplier of palm oil.