INDORE, 10 January 2020: The Soybean Processors Association of India (SOPA) in its estimate of soybean crop have announced a crop at 8.98 million tonnes for 2019-20 (October 2019 to September 2020) oil year.
During the same period last oil year, soybean crop was recorded at 11.08 million tonnes.
SOPA has released the latest estimates of Supply and Demand of Soybean and Soybean Meal for the oil year 2019-2020 (October 2019 to– September 2020) and a comparison of the same with the corresponding period of last season.
The salient points for Oil Year 2019-20 and comparative figures for the same period are given below:
| SOYBEAN |
|
|
|
|
| In Lakh Ton |
|
| October 2019 to September 2020 | October 2018 to September 2019 |
| Stock Brought Forwarded from Previous Year | 1.700 | 1.500 |
| All India Crop | 89.840 | 109.330 |
| TOTAL | 91.540 | 110.830 |
| Add : |
|
|
| Import | 3.000 | 1.800 |
| TOTAL CROP | 94.540 | 112.630 |
| Less : |
|
|
| Retained for Sowing | 12.000 | 12.000 |
| New Crop Arrived in September 2019 |
| 2.000 |
| Available for Crushing | 82.540 | 98.630 |
|
|
|
|
|
| Oct to Dec 2019 | Oct to Dec 2018 |
| Arrivals till December 2019 | 42.500 | 56.000 |
| Crushing till December 2019 | 21.500 | 31.500 |
| Direct Use till December 2019 | 0.550 | 0.450 |
| Export | 0.250 | 0.860 |
| Stock with Plants/Traders and Farmers as on 1st January | 60.240 | 65.820 |
|
|
|
|
| SOYBEAN MEAL |
|
|
|
|
|
|
|
| Oct to Dec 2019 | Oct to Dec 2018 |
| Stock Brought Forwarded from Previous Year | 1.640 | 0.190 |
| Production of Soybean Meal | 17.415 | 25.515 |
| Export of Soybean meal through SEA and Land | 2.050 | 8.590 |
| Domestic Consumption for Food | 1.500 | 1.500 |
| Domestic Consumption for Feed | 13.500 | 13.500 |
| Balance Stock of Meal as on 1st January | 2.005 | 2.115 |
