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Peanuts: China expects significant increase in production

June 30, 2021 11:27 AM, Der AUDITOR
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BEIJING/NEW DELHI. While China is expecting a higher crop than last year due to its expanded acreage, the omens in India are quite different. Here, hopes are pinned on peanut oil exports.

Crop decline in India

In both the current and the coming season, China remains the most important country for peanut production. The USDA estimates the crop volume in the 2020/21 season at 17.5 million mt, for 2021/22 an increase to up to 18.2 million mt is expected. Although heavy rainfall and the resulting flooding caused crop damage, this was offset by the increased acreage (2020/21: 4.6 million ha; 2021/22: 4.75 million ha). In India, which is the second most important producing country after China, the outlook is less positive. Here, the USDA&nbs

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