Friday, December 5, 2008

Breaking News-RTRS-UPDATE 2-India rapeseed crop to jump, curb oils imports-trader

NEW DELHI, Dec 4 (Reuters) - India may harvest a record rapeseed crop next year, up by two-thirds, as farmers plant more to cash in on higher prices, a leading trader told Reuters on Thursday.
Higher rapeseed output can reduce India's dependence on edible oil imports as the crop meets 15-16 percent of its edible oil demand.