SUNFLOWER - AGRICULTURE

News: As prices fall, sunflower blooms

 

What's in the news?

       Few commodities have witnessed as much price volatility over the last 2-3 years as edible oils.

       The UN Food and Agriculture Organization’s global vegetable oils price index (2014-16 base period value = 100) plunged to a low of 77.8 points in May 2020 at the height of the worldwide COVID lockdowns.

       It soared to an all-time-high of 251.8 in March 2022 after Russia’s invasion of Ukraine. But by April 2023, it was down to a 29-month-low of 130 points.

 

Key takeaways:

       India consumes 23.5-24 million tonnes (mt) of cooking oil annually, out of which 13.5-14mt is imported and the balance 9.5-10 mt produced from domestically cultivated seed.

 

Sunflower consumption in India:

       Sunflower is the fourth largest consumed oil (2-2.5 mt), behind mustard (3-3.5 mt), soyabean (4.5-5 mt) and palm (8-8.5 mt).

       Both sunflower and palm oil are almost wholly imported, with their domestic production at hardly 50,000 tonnes and 0.3 mt respectively. This is unlike mustard and soyabean, where the share of domestic output is close to 100% and 30-32% respectively.

 

States:

       Roughly 70% of the country’s sunflower oil consumption is in the South, with Maharashtra (10-15%) and other states making up the rest. One reason for this geographical skew has to do with sunflower being traditionally grown in Karnataka, Telangana, and Maharashtra.

 

Go back to basics:

Sunflower:

       Sunflower (Helianthus annuus L.) is an important oilseed crop in India, popularly known as “Surajmukhi.” It is known as a sunflower as it follows the sun by day, always turning towards its direct rays.

       Sunflower is a major source of vegetable oil in the world. It is used for a variety of cooking purposes. Sunflower seed contains about 48 – 53% edible oil.

 

Production:

       Ukraine is the largest producer of sunflowers. (Ukraine and Russia together account for about 60% of the global sunflower oil production and exports).

       In India, Sunflower is grown mainly in Karnataka, Maharashtra, Andhra Pradesh, Punjab, and Haryana.

       India is the largest importer of sunflower oil with imports of about 2.8 million tonnes.

 

Cultivation:

       Sunflower is a photo-insensitive crop, therefore, it can be grown successfully in any season viz., Kharif, Rabi and spring throughout India.

       The crop requires a cool climate during germination and seedling growth.

       It requires warm weather from the seedling stage up to flowering stage and warm and sunny days during flowering to maturity.

       The amount of linoleic acid decreases with high temperatures at maturity.

       Sunflower is a crop of medium water requirement.

 

Soil:

       Sunflower can be grown on a wide range of soils and tolerates a moderate pH range and some salinity.

       It thrives best on deep loam soils with good drainage and irrigation facilities.

       The optimum range of soil pH for this crop is 6.5 to 8.5.

       It performs better than groundnut in heavy black cotton soils of Karnataka and Tamil Nadu.