Business Standard

Oilseeds output likely to rise 12.5%

Image

BS Reporter

Oilseeds output is estimated to rise 12.5 per cent this kharif season on a phenomenal increase in yield due to favourable climate. Higher production of oilseeds will also be supported by an overall increase in acreage.

The apex trade body the Central Organisation for Oil Industry & Trade estimates total oilseed output at a staggering 15.41 million tonnes during the current kharif harvesting season as compared to 13.69 million tonnes in the same season last year.

Total acreage during the season is estimated at 17.55 million hectares, a marginal increase from 17.49 million hectares covered under major oilseeds during last kharif season. COOIT estimates an average yield to rise to 878 kg per ha this year, a rise of 12.13 per cent from an average 783 kg last year.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 16 2010 | 12:15 AM IST

Explore News