Login to Bazaar Bhaav | Subscribe to Commodity Market Magazine |  | FeedBurner    Feedback
 
  Read
  Specials
Columns
Interviews
Your Say 
GlobalView
  Check Out
  Top Stories
Warehousing
Commodity Exchange
Exchange Circulars
Commodity Polls
  In-Depth
  Market Commentary
Technical Analysis
Forex Reports
Budget 2008
Global News
  Channels
  Headlines
Commodity Market
Commodity Learning Bazaar Bhaav
XML/RSS
You are here : Home >> Oil & Oilseeds News >> Mustard Seed
Untitled Document
 Bullion
 Cereal
 Energy
 Fibers
 Metals
 Oil & Oilseeds
 Others
 Petrochemicals
 Plantations
 Pulses
 Spices
     Mustard Seed
 


Mustard seeds are yellowish colored, small seeds that are used as a spice in many countries. These seeds are obtained from bush like mustard plant that belongs to the genus Brassica that also include vegetables like cabbage and turnips.

Rapeseed belongs to the plant of the same genus and also known as canola in many countries. In old English, rapum is a name of the present day turnip and the name rapeseed is derived from rapum only.

Mustard seed and rapeseed have great importance in many countries as spices. But, these seeds have important by-products too. Rapeseeds and mustard seeds are sources of rapeseed/mustard seed oil and oilcake. Yellow colored oil is obtained by extraction process of the crushed rape/mustard seeds. In the market, rape oil is not distinguished from mustard oil as both of these come from the same species and possess same properties.

During the production of oil, pressed cakes of the seeds are left over that have some amount of oil content. These cakes are distilled to make oil cakes, which serves as an animal feed. In the production process, around 37% oil is yielded and the rest is oil cake.

Mustard and rapeseed production is on a rising. World’s total production of rapeseed hovers around 40 million tones. Mustard seed production reached at a figure of 36.54 million tones in 2001-2002. European Union leads the list of rapeseed producing countries with around 13 million tons of production. The production of rapeseed oil is around 14 million tons.

As the leading producing countries rapeseed oil usually produce it to meet their own domestic demand, that’s why the world trade in this oil is very low as compared to the other edible oils. Canada is the largest exporter of the mustard and rapeseed seeds and seed oil. Australia follows Canada in the production of seeds. The major seed importing countries are Japan and Mexico and US leads the list of mustard and rapeseed oil importing countries.

Mustard/Rapeseed cultivation is done widely throughout the world. It is basically a winter crop and it requires a temperate climate to prosper. The planting season or the sowing period in India is during the Rabi season i.e. October to November. The crop starts flowering in the months of November, December, January and February. The harvesting period is from February to March. It needs a right proportion of rainfall that is provided by the monsoon during the sowing seasons of the crop. The rapeseed/mustard crop is actually acts as a very good cover of soil in winters.

      Top Stories
Commodity Review: concern over weak monsoon
Nuke politics overshadows inflation in Delhi
No ban on cotton export now: Govt
The challenge of running a sustainable food business
Set up oil price band mechanism: Assocham survey
Commodities outshine equities!
FICCI's agenda to boost Indo-Pak trade
HZL's Rampur Agucha Mine gets FIMI award
An expert's view on South African Gold miners
Oil falls below $145 as Mideast tension recedes
European Commission money may go to poor nations
Learn a lesson, Brazil not to cut export to rein in inflation
  More >  
     Market Pulse  
  NCDEX@12.45pm,2135.77,down10.02
  National Commodity and Derivative Exchange futures (NCDEX) index still reeling and recorded 2135.77,down10.02 at 12.45 pm on Saturday.
  MCX@12.30am, 3296.76, up 2.08
  Multi Commodity Exchange future index continued upward trend and recorded 3296.76, up by 2.08 at 12.30 pm on Saturday.
  NCDEX @ 11.15am, 2140.22, down 5.77
  National Commodity and Derivative Exchange futures (NCDEX) index opened lower Saturday and recorded 2140.22, down by 5.77 at 11.15 am.
More> 
    Technical Calls  
  Pivot Levels NCDEX 5th July, 2008
 
  Pivot Levels NMCE 5th July, 2008
 
  Pivot Levels MCX 5th July, 2008
 
More> 
    FOREX Reports  
  India\'s foreign reserves fall to $311.79 bn
  India\'s Forex reserves fell to $311.79 billion, down by $691 million for the week ended June 27 as against $ 312.481 billion in the last week, RBI said in its weekly report.
  Rupee draws support from equity market
  Forex dealers said the rupee drew support from a firm trend in local equity market but was still under pressure due to fresh surge in crude oil prices.
  Rupee begins well in early trade
  Indian rupee opened trading in a positive note Friday as investors covered their short positions but with oil holding above $145 a barrel and shaky stock markets raising prospects for more capital outflows, gains may be limited.
More> 
       
       
 
About Us | Advertise | Contact Us | Feedback | Disclaimer | Terms & Conditions | Sitemap