Business Daily from THE HINDU group of publications
Tuesday, Nov 11, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Oilseeds & Edible Oil
Kharif oilseeds output: No change in trade outlook

Production estimated at 164.1 lakh tonnes.


Estimate for the current season soyabean output is 98.9 lt, up from 94.6 lt last year. M.P.with 58 lt is the largest contributor.



G. Chandrashekhar

Mumbai, Nov 10

Total production of major oilseeds during the ongoing kharif 2008 harvest season is estimated at 164.1 lakh tonnes, little changed from last kharifs 164.9 lt, according to the Central Organisation of Oil industry and Trade, which held its annual meet in Ahmedabad over the weekend to arrive at the trade estimate.

Over 300 delegates from different parts of the country congregated to discuss trade related issues and arrive at crop estimate.

Soyabean

Amongst major oilseeds, soyabean continues to top the production chart. Estimate for the current season is 98.9 lt, up from 94.6 lt last year. Madhya Pradesh with 58 lt is the largest contributor, followed at a distance by Maharashtra 29 lt and Rajasthan 6.3 lt.

It is yet another year when groundnut has continued to fade in importance. Trade estimate of groundnut in-shell output is 45.2 lt, marginally down from last kharifs 48.7 lt (revised). With 21 lt. Gujarat accounts for close to half of the national kharif season groundnut output. SouthIndia comprising Andhra Pradesh, Karnataka and Tami Nadu together contributes 14 lt.

Sunflower seed production has declined to 4.0 lt (5.3 lt) as Karnataka suffered errant rainfall. Sesame seed too is down to 3.0 lt (4.5 lt) because of decline in central India.

Castor seed production is estimated at 10.7 lt, up from last years 9.1 lt. As usual Gujarat dominates with 8.0 lt contribution.

Interestingly, trade estimate of kharif 2008 oilseeds production is less than estimated by the Ministry of Agriculture (First advance estimate) which has placed total output at 179.5 lt with soyabean at 99.4 lt and groundnut in-shell at 61.0 lt.

The sharp difference in the estimate for groundnut between the Government and the trade needs to be reconciled.

More Stories on : Oilseeds & Edible Oil

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Peninsular rains to rev up ahead of ‘low’


Choice Group’s shrimp brand makes a mark in US
Reduce duty on natural rubber: ATMA
Spot rubber rules steady
Coonoor teas find support at lower levels
Kharif oilseeds output: No change in trade outlook
‘Enter into bilateral pact to import edible items’
AP to reduce palm oil price for white card holders
Pepper futures witness high volatility
Cardamom recovers on buying support
Exporters bearish on maize export prospects




eWorld



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line