The Central Organisation for Oil Industry & Trade (COOIT) has arrived at trade estimate 2015-16 season. The salient features of the trade estimate are as under:
1. During current kharif season as per government data as on 8th October, 2015 acerage under oilseeds is reported at 185.12 lakh hectares against 177.98 lakh hectares last year, up by 7.14 lakh hectares.
2.Kharif Oilseeds Crop is estimated at 126.10 lakh tons for the year 2015-16 against last year's 141.15 lakh tons. Overall oilseeds yield has decreased to 681kgs/ha during current kharif crop from 793 kgs/ha. last year.
3.Cottonseed bales production is estimated at 350.00 lakh bales compared to 384.50 lakh bales during 2014-15. Cottonseed production is estimated at 108.50 lakh tons against 119.20 lakh tons last year and Cottonseed Oil production would be 12.36 lakh tons compared to 13.58 lakh tons last year.
4.Rice Bran Oil production is likely to marginally increase to 950,000 tons from 930,000 tons.
5.Local Palm Oil production is estimated at 2.0 Lakh tons for the current year.
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6.Maize germ processing is rising. Maize oil production is estimated at 1.0 Lakh tons during current year.
7.The Vegetable Oil available from kharif oilseeds crop and the secondary sources are estimated at 50.95 lakh tons compared to last year's 53.57 lakh tons i.e down by 2.62 lakh tons.
10 Lakh = 1 Mn.
Oilseeds 2015-16 2014-15 ChangeAreaLakh Ha.* Crop
Lakh
Tons Yield
Area
Lakh Ha. Crop
Lakh
Tons Yield
Area
Lakh
Ha. Crop
Lakh
TonsGroundnut 36.83 32.30 877 37.28 35.70 958 (-) 0.45 (-) 3.40Soybean 116.29 72.10 620 109.94 85.00 773 (+) 6.35 (-) 12.90 Sunflower 1.51 0.80 530 1.93 1.30 674 (-) 0.42 (-) 0.50Sesame 17.31 5.00 289 16.36 4.70 287 (+) 0.95 (+) 0.30Castor 11.01 14.50 1317 10.19 12.95 1271 (+) 0.82 (+) 1.55 Niger 2.18 0.60 275 2.28 0.70 307 (-) 0.10 (-) 0.10Toria -- 0.80 -- -- 0.80 -- -- No ChangeTotal 185.12 126.10 681 177.98 141.15 793 (+) 7.14 (-) 15.05Cottonseed -- 108.50 -- -- 119.20 -- -- (-) 10.7 Copra -- 6.25 -- -- 6.50 -- -- (-) 0.25Grand Total -- 240.85 -- -- 266.85 -- -- (-) 26.00
* Area as per GOI data as on 8th Oct.,2015
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