India’s Oilseed Production to Rise 8%

Production of oilseed in India in 2019/20 is forecast to rise by 8% over the previous year, assuming normal weather conditions, a US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report said last month.  According to the GAIN report, the rise in supply would increase oilseed meal production by 5.5% to 18 million tons, leaving some 3 million tons for export sales after accounting for local consumption.  

The USDA had attributed the increasing oilseed meal production to a “rise in demand for animal feed matched by an anticipated rise in oilseed supply.”  The USDA noted that India’s agricultural policy leaders would need to focus on ways to address the country’s growing demand for vegetable oils.