Voluntary Report - public distribution

**Date:** 7/1/2004

**GAIN Report Number:** IN4064

IN4064

**India**

**Oilseeds and Products**

**July Update**

**2004**

**Approved by:**

![](media/image1.wmf)Michael Riedel

U.S. Embassy, New Delhi

**Prepared by:**

V. Shunmugam

**Report Highlights:**

Indian exporters of peanut oil, capitalizing on reduced supplies from
Argentina and Senegal, are estimated to export 110,000 tons during MY
2003.

Includes PSD Changes: Yes

Includes Trade Matrix: No

Unscheduled Report

New Delhi \[IN1\]

\[IN\]

**Groundnut oil exports cross 100,000 ton level during Oct -- June:**

Cashing in on increased domestic production and higher world prices of
peanut oil, Indian exporters recorded exports of 104,206 tons of peanut
oil during PMY (Partial Marketing Year) 2003 (Oct -- June), mainly to
destinations in United States and European Union (see Table 1 below).
Trade sources indicate that the lack of adequate peanut oil supplies
from Argentina and Senegal opened up the world markets for Indian peanut
oil, and that peanut oil exports fetched an average price of \$1,050 per
ton. Post expects that MY 2003 peanut oil exports from India are likely
to remain at 110,000 tons, as the domestic crush comes to an end with
lean arrivals during July-August.

# Table 1: India's PMY 2003 (Oct -- Jun) Peanut Oil Exports

  ---------------------------------------- ------------------------------
  Destination                              Exports (Tons)

  European Union                           51,500

  United States                            47,738

  China                                    5,968

  Total                                    104,206
  ---------------------------------------- ------------------------------

Source: Trade and Shipping Sources

# MY 2003 Soybean meal exports touch record levels

A larger domestic crop and increased demand from export markets saw PMY
2003 (Oct -- May) soybean meal exports soar to an estimated 3.17 million
tons, well above the previous record of 2.75 million tons during MY
1998. However, the fall in both stocks and market arrivals is likely to
stem MY 2003 exports at an estimated 3.4 million tons, up by 100,000
tons over the previous post estimate. PMY 2003 (Oct -- May) rapeseed
meal exports, estimated at 435,000 tons, exceed the previous year's
level by 43 percent. Higher domestic availability and increased demand
from traditional export markets pushed PMY 2003 (Oct - June) peanut meal
exports up to an estimated 185,450 tons. Trade sources estimate that
peanut meal exports will come to a standstill during July-August due to
the lean season for peanut crushing, and expect that MY 2003 exports
will be 225,000 tons. However, rapeseed meal exports are likely to
remain bullish during June -- July, with estimated exports of 600,000
tons during MY 2003 compared with 450,000 tons a year ago.

# Table 2: Meal Exports (Tons) -- PMY 2003 Vs PMY 2002 (Oct -- May)

  ----------------- ------------------ ----------------- -----------------
  Meal              PMY 2002           PMY 2003          Percent Change

  Soybean Meal      1,129,775          3,166,075         180.2

  Rapeseed Meal     305,200            435,500           42.7

  Peanut Meal       1,250              185,450           14736

  Total             1,436,225          3,787,025         163.7
  ----------------- ------------------ ----------------- -----------------

# MY 2003 edible oil imports continue to slide

PMY 2003 (Oct -- May) edible oil imports are estimated at 2.4 million
tons, 24 percent lower than a year ago during the same period. Soybean
oil imports, estimated at 304,236 tons during PMY 2003 (Oct -- May), are
down by 58 percent compared with the previous year, due to higher prices
and increased domestic production. However, trade sources reveal that
soybean oil imports are likely to increase during the remaining months
of MY 2003 due to softening of world soy oil prices, tapering domestic
crush during the period between June -- August, and a lower tariff on
soybean oil vis-à-vis palm oil. Despite declining world prices of palm
products, imports went down by 15 percent during PMY 2003 (Oct -- May),
now estimated at 2.07 million tons due to the improved domestic
vegetable oil situation and drawdown from stocks. PMY 2003 (Oct -- May)
sunflower oil imports touched an estimated 46,500 tons, up 15 percent
over the same period last year. Trade sources attribute the increased
imports to a marginal decline in world prices for sunflower oil and
increased domestic demand.

# Table 3: Vegetable Oil Imports (Tons) -- PMY 2003 Vs PMY 2002 (Oct -- May)

  ----------------------- -------------- ---------------- ----------------
  Type of Oil             PMY 2002       PMY 2003         Percent Change

  Palm Products           2,429,128      2,066,016        \- 15.0

  Soybean Oil             718,875        304,236          \- 57.7

  Sunflower Oil           40,350         46,572           15.4

  Coconut Oil             5,600          600              \- 89.3

  Rapeseed Oil            5,540          0                100.0

  Total                   3,199,493      2,417,424        \- 24.4
  ----------------------- -------------- ---------------- ----------------

*STATISTICAL TABLES*

# Table 1: Commodity, Soybean, PSD

  --------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------
  PSD Table                                                                                

  Country:              India                                                              

  Commodity:            Soybean                                                            

                                   2002                  2003                  2004       UOM

                        Old        New        Old        New        Old        New         

  Market Year Begin                10/2002               10/2003               10/2004    (MONTH/YEAR)

  Area Planted          5670       5670       6450       6450       6350       6600       (1000 HA)

  Area Harvested        5670       5670       6450       6450       6350       6600       (1000 HA)

  Beginning Stocks      25         25         19         19         65         65         (1000 MT)

  Production            4000       4000       6800       6800       5700       7200       (1000 MT)

  MY Imports            0          0          0          0          0          0          (1000 MT)

  MY Imp. from U.S.     0          0          0          0          0          0          (1000 MT)

  MY Imp. from the EC   0          0          0          0          0          0          (1000 MT)

  **TOTAL SUPPLY**      **4025**   **4025**   **6819**   **6819**   **5765**   **7265**   (1000 MT)

  MY Exports            0          0          0          0          0          0          (1000 MT)

  MY Exp. to the EC     0          0          0          0          0          0          (1000 MT)

  Crush Dom.            3420       3420       5760       5760       4860       6055       (1000 MT)
  Consumption                                                                             

  Food Use Dom.         150        150        274        274        235        300        (1000 MT)
  Consump.                                                                                

  Feed Waste            436        436        720        720        614        825        (1000 MT)
  Dom.Consum.                                                                             

  Total Dom.            4006       4006       6754       6754       5709       7180       (1000 MT)
  Consumption                                                                             

  Ending Stocks         19         19         65         65         56         85         (1000 MT)

  **TOTAL               **4025**   **4025**   **6819**   **6819**   **5765**   **7265**   (1000 MT)
  DISTRIBUTION**                                                                          

  Calendar Year Imports 0          0          0          0          0          0          (1000 MT)

  Calendar Yr Imp. U.S. 0          0          0          0          0          0          (1000 MT)

  Calendar Year Exports 0          0          0          0          0          0          (1000 MT)

  Calndr Yr Exp. to     0          0          0          0          0          0          (1000 MT)
  U.S.                                                                                    
  --------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------

# Table 2: Commodity, Peanut, PSD

  --------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------
  PSD Table                                                                                

  Country:              India                                                              

  Commodity:            Peanut                                                             

                                   2002                  2003                  2004       UOM

                        Old        New        Old        New        Old        New         

  Market Year Begin                10/2002               10/2003               10/2004    (MONTH/YEAR)

  Area Planted          6800       6800       8000       8000       8000       8000       (1000 HA)

  Area Harvested        6800       6800       8000       8000       8000       8000       (1000 HA)

  Beginning Stocks      0          0          0          0          0          0          (1000 MT)

  Production            5200       5200       7700       7700       7500       7800       (1000 MT)

  MY Imports            0          0          0          0          0          0          (1000 MT)

  MY Imp. from U.S.     0          0          0          0          0          0          (1000 MT)

  MY Imp. from the EC   0          0          0          0          0          0          (1000 MT)

  **TOTAL SUPPLY**      **5200**   **5200**   **7700**   **7700**   **7500**   **7800**   (1000 MT)

  MY Exports            75         75         110        120        105        150        (1000 MT)

  MY Exp. to the EC     0          0          0          0          0          0          (1000 MT)

  Crush Dom.            3910       3910       5770       5770       5760       5850       (1000 MT)
  Consumption                                                                             

  Food Use Dom.         468        468        710        710        584        750        (1000 MT)
  Consump.                                                                                

  Feed Seed Waste       747        747        1110       1100       1051       1050       (1000 MT)
  Dm.Cn.                                                                                  

  Total Dom.            5125       5125       7590       7580       7395       7650       (1000 MT)
  Consumption                                                                             

  Ending Stocks         0          0          0          0          0          0          (1000 MT)

  **TOTAL               **5200**   **5200**   **7700**   **7700**   **7500**   **7800**   (1000 MT)
  DISTRIBUTION**                                                                          

  Calendar Year Imports 0          0          0          0          0          0          (1000 MT)

  Calendar Yr Imp. U.S. 0          0          0          0          0          0          (1000 MT)

  Calendar Year Exports 0          0          0          0          0          0          (1000 MT)

  Calndr Yr Exp. to     0          0          0          0          0          0          (1000 MT)
  U.S.                                                                                    
  --------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------

# Table 3: Commodity, Soybean Meal, PSD

+------------+--------+--------+--------+--------+---+--------+------+
| PSD Table  |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Country:   | India  |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Commodity: | S      |        |        |        |   |        |      |
|            | oybean |        |        |        |   |        |      |
|            |        |        |        |        |   |        |      |
|            | Meal   |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
|            |        | 2002   |        | 2003   |   | 2004   | UOM  |
+------------+--------+--------+--------+--------+---+--------+------+
|            | Old    | New    | Old    | New    | O | New    |      |
|            |        |        |        |        | l |        |      |
|            |        |        |        |        | d |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Market     |        | 1      |        | 1      |   | 1      | (MO  |
| Year       |        | 0/2002 |        | 0/2003 |   | 0/2004 | NTH/ |
|            |        |        |        |        |   |        |      |
| Begin      |        |        |        |        |   |        | Y    |
|            |        |        |        |        |   |        | EAR) |
+------------+--------+--------+--------+--------+---+--------+------+
| Crush      | 3420   | 3420   | 5760   | 5760   | 4 | 6055   | (    |
|            |        |        |        |        | 8 |        | 1000 |
|            |        |        |        |        | 6 |        | MT)  |
|            |        |        |        |        | 0 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Extr. Rate | 0.798  | 0.798  | 0.798  | 0.798  | 0 | 0.792  |      |
|            | 245614 | 245614 | 263889 | 263889 |   | 733278 |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Beginning  | 42     | 42     | 37     | 37     | 4 | 44     | (    |
| Stocks     |        |        |        |        | 4 |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| Production | 2730   | 2730   | 4598   | 4598   | 3 | 4800   | (    |
|            |        |        |        |        | 8 |        | 1000 |
|            |        |        |        |        | 8 |        | MT)  |
|            |        |        |        |        | 0 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Imports | 0      | 0      | 0      | 0      | 0 | 0      | (    |
|            |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Imp.    | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| from U.S.  |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Imp.    | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| from       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| the EC     |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| ###### TO  | 2772   | 2772   | 4635   | 4635   | 3 | 4844   | (    |
| TAL SUPPLY |        |        |        |        | 9 |        | 1000 |
|            |        |        |        |        | 2 |        | MT)  |
|            |        |        |        |        | 4 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Exports | 1225   | 1225   | 3400   | 3400   | 2 | 3000   | (    |
|            |        |        |        |        | 1 |        | 1000 |
|            |        |        |        |        | 0 |        | MT)  |
|            |        |        |        |        | 0 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Exp. to | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| the EC     |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| Industrial | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Dom.       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Consum     |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Food Use   | 70     | 70     | 79     | 79     | 6 | 90     | (    |
| Dom.       |        |        |        |        | 5 |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Consump.   |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Feed Waste | 1440   | 1440   | 1112   | 1112   | 1 | 1700   | (    |
| Dom.       |        |        |        |        | 7 |        | 1000 |
|            |        |        |        |        | 2 |        | MT)  |
| Consum.    |        |        |        |        | 0 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Total Dom. | 1510   | 1510   | 1191   | 1191   | 1 | 1790   | (    |
|            |        |        |        |        | 7 |        | 1000 |
| C          |        |        |        |        | 8 |        | MT)  |
| onsumption |        |        |        |        | 5 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Ending     | 37     | 37     | 44     | 44     | 3 | 54     | (    |
| Stocks     |        |        |        |        | 9 |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| **TOTAL**  | 2772   | 2772   | 4635   | 4635   | 3 | 4844   | (    |
|            |        |        |        |        | 9 |        | 1000 |
| **DIST     |        |        |        |        | 2 |        | MT)  |
| RIBUTION** |        |        |        |        | 4 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calendar   | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Year       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Imports    |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calendar   | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Yr         |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Imp. U.S.  |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calendar   | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Year       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Exports    |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calndr Yr  | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Exp.       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| to U.S.    |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+

# Table 4: Commodity, Peanut Meal, PSD

  -------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------
  PSD Table                                                                               

  Country:             India                                                              

  Commodity:                                                                              

                                  2002                  2003                  2004       UOM

                       Old        New        Old        New        Old        New         

  Market Year Begin               10/2002               10/2003               10/2004    (MONTH/YEAR)

  Crush                3910       3910       5770       5770       5760       5850       (1000 HA)

  Extr. Rate, 999.9999 0.39054    0.39054    0.39029    0.39029    0.39028    0.39145    (1000 TREES)

  Beginning Stocks     0          0          0          0          0          0          (1000 MT)

  Production           1527       1527       2252       2252       2248       2290       (1000 MT)

  MY Imports           0          0          0          0          0          0          (1000 MT)

  MY Imp. from U.S.    0          0          0          0          0          0          (1000 MT)

  MY Imp. from the EC  0          0          0          0          0          0          (1000 MT)

  **TOTAL SUPPLY**     **1527**   **1527**   **2252**   **2252**   **2248**   **2290**   (1000 MT)

  MY Exports           2          2          210        225        100        200        (1000 MT)

  MY Exp. to the EC    0          0          0          0          0          0          (1000 MT)

  Industrial Dom.      0          0          0          0          0          0          (1000 MT)
  Consum                                                                                 

  Food Use Dom.        8          8          10         10         9          10         (1000 MT)
  Consump.                                                                               

  Feed Waste           1517       1517       2032       2017       2139       2080       (1000 MT)
  Dom.Consum.                                                                            

  Total Dom.           1525       1525       2042       2027       2148       2090       (1000 MT)
  Consumption                                                                            

  Ending Stocks        0          0          0          0          0          0          (1000 MT)

  **TOTAL              **1527**   **1527**   **2252**   **2252**   **2248**   **2290**   (1000 MT)
  DISTRIBUTION**                                                                         

  Calendar Year        0          0          0          0          0          0          (1000 MT)
  Imports                                                                                

  Calendar Yr Imp.     0          0          0          0          0          0          (1000 MT)
  U.S.                                                                                   

  Calendar Year        0          0          0          0          0          0          (1000 MT)
  Exports                                                                                

  Calndr Yr Exp. to    0          0          0          0          0          0          (1000 MT)
  U.S.                                                                                   
  -------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------

# Table 5: Commodity, Soybean Oil, PSD

+------------+--------+--------+--------+--------+---+--------+------+
| PSD Table  |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Country:   | India  |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Commodity: |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
|            |        | 2002   |        | 2003   |   | 2004   | UOM  |
+------------+--------+--------+--------+--------+---+--------+------+
|            | Old    | New    | Old    | New    | O | New    |      |
|            |        |        |        |        | l |        |      |
|            |        |        |        |        | d |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Market     |        | 1      |        | 1      |   | 1      | (MO  |
| Year       |        | 0/2002 |        | 0/2003 |   | 0/2004 | NTH/ |
|            |        |        |        |        |   |        |      |
| Begin      |        |        |        |        |   |        | Y    |
|            |        |        |        |        |   |        | EAR) |
+------------+--------+--------+--------+--------+---+--------+------+
| Crush      | 3420   | 3420   | 5760   | 5760   | 4 | 6055   | (    |
|            |        |        |        |        | 8 |        | 1000 |
|            |        |        |        |        | 6 |        | MT)  |
|            |        |        |        |        | 0 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Extr. Rate | 0.184  | 0.184  | 0.184  | 0.184  | 0 | 0.184  |      |
|            | 795322 | 795322 | 722222 | 722222 |   | 971098 |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Beginning  | 190    | 190    | 126    | 126    | 1 | 75     | (    |
| Stocks     |        |        |        |        | 3 |        | 1000 |
|            |        |        |        |        | 5 |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| Production | 632    | 632    | 1064   | 1064   | 8 | 1120   | (    |
|            |        |        |        |        | 9 |        | 1000 |
|            |        |        |        |        | 8 |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Imports | 1255   | 1255   | 750    | 650    | 1 | 750    | (    |
|            |        |        |        |        | 1 |        | 1000 |
|            |        |        |        |        | 5 |        | MT)  |
|            |        |        |        |        | 0 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Imp.    | 45     | 45     | 50     | 50     | 3 | 50     | (    |
| from U.S.  |        |        |        |        | 5 |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Imp.    | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| from       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| the EC     |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| ###### TO  | 2077   | 2077   | 1940   | 1840   | 2 | 1945   | (    |
| TAL SUPPLY |        |        |        |        | 1 |        | 1000 |
|            |        |        |        |        | 8 |        | MT)  |
|            |        |        |        |        | 3 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Exports | 5      | 5      | 15     | 25     | 1 | 25     | (    |
|            |        |        |        |        | 0 |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| MY Exp. to | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| the EC     |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| Industrial | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Dom.       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Consum     |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Food Use   | 1946   | 1946   | 1790   | 1740   | 2 | 1800   | (    |
| Dom.       |        |        |        |        | 0 |        | 1000 |
|            |        |        |        |        | 1 |        | MT)  |
| Consump.   |        |        |        |        | 7 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Feed Waste | 0      | 0      | 0      | 0      | 0 | 0      | (    |
|            |        |        |        |        |   |        | 1000 |
| D          |        |        |        |        |   |        | MT)  |
| om.Consum. |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Total Dom. | 1946   | 1946   | 1790   | 1740   | 2 | 1800   | (    |
|            |        |        |        |        | 0 |        | 1000 |
| C          |        |        |        |        | 1 |        | MT)  |
| onsumption |        |        |        |        | 7 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Ending     | 126    | 126    | 135    | 75     | 1 | 120    | (    |
| Stocks     |        |        |        |        | 5 |        | 1000 |
|            |        |        |        |        | 6 |        | MT)  |
+------------+--------+--------+--------+--------+---+--------+------+
| **TOTAL**  | 2077   | 2077   | 1940   | 1840   | 2 | 1945   | (    |
|            |        |        |        |        | 1 |        | 1000 |
| **DIST     |        |        |        |        | 8 |        | MT)  |
| RIBUTION** |        |        |        |        | 3 |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calendar   | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Year       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Imports    |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calendar   | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Yr         |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Imp. U.S.  |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calendar   | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Year       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| Exports    |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+
| Calndr Yr  | 0      | 0      | 0      | 0      | 0 | 0      | (    |
| Exp.       |        |        |        |        |   |        | 1000 |
|            |        |        |        |        |   |        | MT)  |
| to U.S.    |        |        |        |        |   |        |      |
+------------+--------+--------+--------+--------+---+--------+------+

# Table 6: Commodity, Peanut Oil, PSD

  -------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------
  PSD Table                                                                               

  Country:             India                                                              

  Commodity:                                                                              

                                  2002                  2003                  2004       UOM

                       Old        New        Old        New        Old        New         

  Market Year Begin               10/2001               10/2002               10/2003    (MONTH/YEAR)

  Crush                3910       3910       5770       5770       5760       5850       (1000 HA)

  Extr. Rate, 999.9999 0.33069    0.33069    0.32981    0.32981    0.32986    0.33077    (1000 TREES)

  Beginning Stocks     150        150        91         91         110        95         (1000 MT)

  Production           1293       1293       1903       1903       1900       1935       (1000 MT)

  MY Imports           0          0          0          0          0          0          (1000 MT)

  MY Imp. from U.S.    0          0          0          0          0          0          (1000 MT)

  MY Imp. from the EC  0          0          0          0          0          0          (1000 MT)

  **TOTAL SUPPLY**     **1443**   **1443**   **1994**   **1994**   **2010**   **2030**   (1000 MT)

  MY Exports           0          0          100        110        90         100        (1000 MT)

  MY Exp. to the EC    0          0          0          0          0          0          (1000 MT)

  Industrial Dom.      14         14         19         19         20         20         (1000 MT)
  Consum                                                                                 

  Food Use Dom.        1338       1338       1765       1770       1790       1800       (1000 MT)
  Consump.                                                                               

  Feed Waste           0          0          0          0          0          0          (1000 MT)
  Dom.Consum.                                                                            

  Total Dom.           1352       1352       1784       1789       1810       1820       (1000 MT)
  Consumption                                                                            

  Ending Stocks        91         91         110        95         110        110        (1000 MT)

  **TOTAL              **1443**   **1443**   **1994**   **1994**   **2010**   **2030**   (1000 MT)
  DISTRIBUTION**                                                                         

  Calendar Year        0          0          0          0          0          0          (1000 MT)
  Imports                                                                                

  Calendar Yr Imp.     0          0          0          0          0          0          (1000 MT)
  U.S.                                                                                   

  Calendar Year        0          0          0          0          0          0          (1000 MT)
  Exports                                                                                

  Calndr Yr Exp. to    0          0          0          0          0          0          (1000 MT)
  U.S.                                                                                   
  -------------------- ---------- ---------- ---------- ---------- ---------- ---------- --------------