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India’s rapeseed and mustard output is likely to reach a record high in 2024 due to an expansion in the planted area and favourable weather conditions in key producing states, industry officials said.
Higher rapeseed output will help the world’s biggest vegetable oil importer to cut back on expensive imports of palm oil, soyoil and sunflower oil.
“Farmers have expanded area under rapeseed. Our recent survey is showing the crop is in good condition in almost all states,” B.V. Mehta, executive director of Solvent Extractors’ Association of India, told Reuters.
Area under rapeseed has risen by around 5% from a year ago to 10 million hectares, Mehta added.