India: Oil-seed, Peanut, Production, Supply and Distribution
| Oil-seed, Peanut | 2019/2020 | 2020/2021 | 2021/2022 | |||
| Market Begin Year | Oct-19 | Oct-20 | Oct-21 | |||
| India | USDA Official | New Post | USDA Official | New Post | USDA Official | New Post |
| Area Planted (1000 HA) | 4880 | 4880 | 5800 | 5600 | 5600 | 5000 |
| Area Harvested (1000 HA) | 4825 | 4825 | 6000 | 5570 | 5800 | 4950 |
| Beginning Stocks (1000 MT) | 359 | 359 | 263 | 326 | 377 | 523 |
| Production (1000 MT) | 6255 | 6255 | 6700 | 6700 | 6800 | 7000 |
| MY Imports (1000 MT) | 2 | 2 | 3 | 1 | 3 | 2 |
| Total Supply (1000 MT) | 6616 | 6616 | 6966 | 7027 | 7180 | 7525 |
| MY Exports (1000 MT) | 984 | 984 | 950 | 840 | 750 | 900 |
| Crush (1000 MT) | 3650 | 3650 | 3900 | 3900 | 3855 | 4000 |
| Food Use Dom. Cons. (1000 MT) | 1350 | 1350 | 1375 | 1400 | 1650 | 1650 |
| Feed Waste Dom. Cons. (1000 MT) | 369 | 369 | 364 | 364 | 650 | 650 |
| Total Dom. Cons. (1000 MT) | 5369 | 5369 | 5639 | 5664 | 6155 | 6300 |
| Ending Stocks (1000 MT) | 263 | 326 | 377 | 523 | 275 | 325 |
| Total Distribution (1000 MT) | 6616 | 6616 | 6966 | 7027 | 7180 | 7525 |
PRODUCTION
Market Year 2021/2022 Peanut Production Revised at 7 MT: Industry sources estimate peanut acreage for MY 2021/2022 (October-September) at around 5 million hectares, albeit with expectations of higher yields. The area planted in Gujarat state is down by eight percent compared to last year, however, Gujarat remains India’s top production state, accounting for 39 percent of the overall area planted under peanuts. The states of Rajasthan and Andhra Pradesh are the next largest peanut production states.
Reports of a rain deficit during the initial months of planting in Gujarat state were subsequently allayed with good rainfall observed during the second half of August through most of September 2021. Limited damage to crops, and good rainfall, is expected to help boost production by 4 percent to 7 MMT in MY 2021/2022.
TRADE
Exports: FAS New Delhi (Post) is revising the MY 2020/2021 export figure to 840,000 MT, down from 950,000 MT to better account for the latest trade estimates. Indian peanut exports remain destined primarily to Indonesia, Vietnam, and China. Domestic prices for peanuts in October 2021, were recorded at $768/MT (all India average price), a 22 percent jump above the prices being paid last year during the same period.
Source: USDA
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