According to Oil World's forecast, world's #soyoil production will be 61.63 million tons in 2022/23 (+1.5 million tons compared to the previous estimate),

Brazil's 2022/23 soybean planting has started in Paraná as the second most important soybean producer in the country prepares for a record output. #soybean

#Malaysian #palmoil futures extended losses to 4th session on Tuesday, following warning by Dorab Mistry that prices would plunge by 30% by December. #BMD palm oil fell 1.5% to 3,490 ringgit/tonne in early trade. It declined 8.9% in last three sessions.

Palmolein oil used in India - sub standard products manufactured for Indian public by @Lays_India LAY'S - sunflower oil used in other countries why the the disparity? Narendra Modi sir Minister of Commerce and Industry Mahima Shastri | महिमा शास्त्री 🇮🇳 BJP

If 100 people lived on earth…

Thanks The Ranveer Show for being my top podcast on Spotify this year. I loved all 1,969 minutes of it. #SpotifyWrapped open.spotify.com/show/6ZcvVBPQ2…

The Oil Rally Disappears - read the latest Reuters Power Up newsletter from David Gaffen newslink.reuters.com/view/557708573…

Global #oilseed production for 2022/23 is projected at 644.4 million tons, down 1.2 million m/m. Lower #sunflower, #rapeseed, #palmkernel and #cottonseed production forecasts are partly offset by higher soybean output.

THE SKIN DOCTOR 🫶🔥

India: The current ethanol production capacity in the country for ethanol blending with petrol and other uses is about 947 crore litres — which includes 619 crore litres of molasses-based and 328 crore litres of grain-based production capacity. -MINISTRY OF CONSUMER AFFAIRS, FOOD

GOVERNMENT REMOVES STOCK LIMIT ON OIL AND OILSEED #Soybean

According to reports, Indian onions are in high demand from Gulf countries at the moment. During the April-October 2022 period, 1.8 lakh tons of onions were exported to the UAE, an increase of 87% over the same period of the previous year. Data Source - Apeda.

All I can say is I Told You So :-)

Govt decided that Food Corporation of India (FCI) may offload additional quantity of 20 LMT of wheat in open market under OMSS (D) 2023 for sale through E-auction to flour mills/private traders/bulk buyers/manufactures of wheat products like previous years. #wheat

No where in the world have markets provided farmers with higher and assured income. Only people who do not know of global realities are taken in by corporate propaganda.

Effective from May 1, 2023, #Indonesia’s Ministry of Trade has decreased the monthly domestic market obligation (DMO) quota from 450 thousand tons to 300 thousand tons. Additionally, the government has lowered the volume ratio for #PalmOil #exports, reducing the ratio of #Crude

🇮🇳Punjab's cotton sowing falls far short of target as farmers abandon #GMO cotton because of the threat of whitefly and pink bollworm attack. And that's despite a 33% subsidy on Bt cotton seed newsclick.in/punjabs-cotton…