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Increasing rapeseed production is reducing imports of vegetable oils in India

Published Dec 30, 2021

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In India, the world’s largest importer of vegetable oil, rapeseed yields are likely to grow by 29.4 percent as farmers sow more land with winter oilseeds, a leading trade organization said. According to a statement by the Central Organization of the Petroleum Industry and Trade (COOIT), production is expected to be 10-11 million tonnes in the June 2022 crop year. COOIT estimates that Indian farmers produced 8.5 million tonnes of rapeseed in the 2020-21 crop year.

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In India, the world’s largest importer of vegetable oil, rapeseed yields are likely to grow by 29.4 percent as farmers sow more land with winter-seeded oilseeds, a leading trade organization said. According to a statement by the Central Organization of the Petroleum Industry and Trade (COOIT), production is expected to be 10-11 million tonnes in the June 2022 crop year. COOIT estimates that Indian farmers produced 8.5 million tonnes of rapeseed in the 2020-21 crop year. Higher rapeseed production will help India reduce its expensive vegetable oil imports. In the 2020/21 marketing year ending October 31, India spent a record 1.17 trillion rupees, or $ 15.71 billion, in vegetable oil imports. In India, rapeseed has the highest oil content (35-40 percent) of the country’s nine major oilseeds, including peanuts, sunflowers, and soybeans. Sowing of early ripening rape lasts from mid-September to October, while sowing of late ripening varieties lasts until mid-November. From February, ...
Source: AgroForum
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