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Sunday, July 4, 1999

Oilseed crop estimate lowered

 
MUMBAI: The Central Organisation of Oilseed Industry and Trade (COOIT) has made a downward revision in the oilseeds crop and oil availability in the country by a total of 5.20 lakh tonnes and 2.7 lakh tonnes respectively for both rabi and kharif 1998-99 seasons. The COOIT crop estimate committee lowered the rabi crop of rapeseed from 59.5 lakh tonnes to 55.5 lakh tonnes and sunflower seed from 7.3 lakh tonnes to 6.6 lalk tonnes.

It has also projected a lower kharif crop of castorseed from 9.2 lakh tonnes to 8.7 lakh tonnes. In case of solvent extracted oils, ricebran oil production estimate is reduced by 50,000 tonnes to 450,000 tonnes and similarly solvent extracted rapeseed oil is reduced from 90,000 tonnes to 50,000 tonnes. In effect, the overall oil availability is revised downward by 2.7 lakh tonnes to 71 lakh tonnes from the earlier estimate of 73.7 lakh tonnes. However, the production estimates of other major oilseeds like copra, groundnut, cottonseed, soyabean, salseed and sesameseed have beenretained at the earlier levels. After the revised estimates the total oilseeds and oils availability compared to previous year (1997-98) has increased by 8 per cent and 4 per cent respectively at 282 lakh tonnes and 71 lakh.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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