USDA cuts 2019-20 global Oilseeds production forercast
Commodity Online | November 14 2019
UPDATED 10:56:05 IST

India’s real GDP growth in FY20 to be below 5%: report

India's Wheat sowing up 4.28% at 202.54 lakh hectares so far

World food prices rise 2.7% in November: FAO

Global Coffee consumption may exceed production in 2019–20: ICO

India imported 10,990 tonnes of Black Pepper during Apr-Aug FY20

United States Department of Agriculture (USDA) eatimates global oilseeds production for 2019-20 at 463.6 million tons, down 3.4 million on lower soybean, cottonseed, sunflowerseed, and rapeseed production.

Soybean production for India is reduced 2.0 million tons to 9.0 million on lower yields resulting from excessive late-season rainfall. Soybean production is also reduced for Canada on lower yields. Other production changes include lower sunflowerseed production for Argentina and lower rapeseed production for Australia and the European Union.

Foreign soybean crush changes for 2019/20 include reductions for India, China, and Canada. Foreign soybean ending stocks for 2019/20 are reduced with lower projections for Argentina, Canada, and India only partly offset with higher forecasts for Brazil and Egypt.

 

Commodity Arrivals Rate
Mustard Oil 2 9050.00
Coconut Oil 2.5 17500.00
Arecanut 9 14000.00
Sugar 0.4 4000.00

More

×