A growing population, the affordability of vegetable oil and its increased usage in Indian households have all contributed to rising oil demand. Domestic supplies are down, though, due to lower oilseed production, which benefits such countries as Argentina, Brazil and the U.S. India's 3rd Production Estimates Indicate Lower Food Grain Production The government of India (GOI) has released the 3rd Advance Estimates of Production of Major Crops for 2014/15. Kharif crop production during this period was down as the monsoon was 12 percent lower than average. Unseasonal rains/hailstorms in late February and March 2015 also damaged a significant amount of India's crops over 19 million hectares, causing a decline in most of the 2014/15 production...