India: Oilseeds and Products Update
Link to report:
Assuming normal weather conditions through harvest (February through March), India is expected to produce an estimated 8.2 million metric tons of rapeseed and mustard in marketing year 2020/21 (October-September) from a record planting of 7.4 million hectares. Favorable weather conditions improved agronomic practices, and the absence of biotic stress should favor above-average yields. In addition, recently announced changes in crude palm oil import duties will offer a respite to soybean and sunflower oil demand and help control India’s rising palm oil imports.
