Global oilseed production for 2011/12 is projected at 453.0 million tons, up 1.5 million tons from last month.
Production increases for soybeans, rapeseed, sunflowerseed, and cottonseed are only partly offset by lower peanut production.
Soybean production is projected higher for the United States and India. India's soybean production is raised 0.7 million tons to a record 10.5 million due to higher planted area. Canola production for Canada is increased 0.6 million tons to a record 13.2 million based on higher area and yield reported in the most recent report from Statistics Canada. Harvested area is projected record high despite excessive rainfall and flooding in parts of Saskatchewan and Manitoba that prevented some area from being planted. Canada's canola production is also raised for both the 2009 and 2010 crops based on the same report.
Other changes include higher sunflowerseed production for EU-27, higher cottonseed production for China, lower cottonseed production for Pakistan, and lower peanut production for India.
Download World Agricultural Supply and Demand Estimates (WASDE) report - September 12, 2011 from the link below: