China’s oilseed production is forecasted to rise in MY 2024/25, driven by higher yields in soybeans, peanuts, and rapeseed. Soybean production is estimated at 19.9 MMT due to favorable weather, while peanut output is projected to increase to 18.4 MMT with stable planting areas. Despite a decrease in the soybean planting area, yield improvements are expected to offset this reduction, ensuring a steady supply. However, domestic prices remain low, challenging local farmers' profitabili...
China`s Oilseed Market : Soybean at 19.9 MMT, Peanut at 18.4 MMT in 2024/25 by Amit Gupta, Kedia Advisory
India's soybean production is projected to rise by 6% to 125.8 lakh tonnes for the 2024 kharif season, driven by higher yields, according to the Soybean Processors Association of India (SOPA). The estimated yield has increased to 1,063 kg per hectare from 1,002 kg last year, aided by favorable weather and farming practices. Madhya Pradesh, Maharashtra, and Rajasthan, the top soybean-producing states, showed production increases despite some declines in acreage. The total area under soybea...
SOPA Estimates 6% Rise in India's Soybean Output by Amit Gupta, Kedia Advisory
