Torrential rains likely to trim output of India’s main summer season oilseed soybean

Soybean-farming-courtsey-Cargill.jpg

Heavy monsoon rains have damaged India’s main summer-sown oilseed crop soybean, although the total output will still likely be higher than last year. “We think that the output could be around 105 lakh tons, instead of 115 lakh tons that we were anticipating at the start of the season,” said B.V. Mehta, executive director of […]

Read more

India’s 2020 soybean output could jump 32% on higher acreage: SOPA

India’s soybean production could jump by 32% in 2020 to 12.25 million tonnes from a year earlier due to higher area under the oilseed and as the yields are expected to rise on ample monsoon rainfall, estimated the Soybean Processors Association of India (SOPA). Increased production of India’s main summer-sown oilseed could help the world’s […]

Read more

Two edible oil trade bodies – SOPA and SEA – at loggerheads on oil imports

vegetable-oils.jpg

Even as prices of edible oils at the mandis in Indore continued to trade higher despite subdued festival demand riding on strong global cues, India’s rising edible oil imports has split the domestic industry in two distinct factions. One the one hand, Soybean Processors Association of India (SOPA) sought a quantitative quota and higher import […]

Read more

Soybean plantation acreage in India at all-time high; expect bumper production

Soybean-farming-courtsey-Cargill.jpg

The soybean acreage in the country this year is expected to touch an all-time high, exceeding the previous high of 11.72 million hectare achieved in 2013-14. Early arrival of monsoon and well- distributed rainfall in the main growing regions of Madhya Pradesh and Maharashtra have prompted sowing of the oilseed. Farmers are expecting a bumper […]

Read more

Maharashtra agriculture department files FIR against 13 companies for poor soybean seeds

soybean1.jpg

The Maharashtra state agriculture department has filed FIRs against 13 companies for supplying poor quality soybean seeds to farmers, department’s top officials have revealed. Vijay Ghawate, director (Quality Control), agriculture department, said to Financial Express the authorities had received complaints from around 30,000 farmers that the soybean seeds purchased for sowing this Kharif season did […]

Read more

International Grains Council raises forecasts for 2020/21 global wheat, corn crops

artur-nasyrov-759274-unsplash.jpg

The International Grains Council (IGC) raised its forecast for global wheat production in the 2020/21 season, with improved outlooks for Australia and China more than offsetting a downward revision for the European Union. In its monthly update, the inter-governmental body increased its global wheat crop forecast by 2 million tonnes to 768 million tonnes, up […]

Read more