World prices influence international trade and so economic precision is required. This foreign trade research study examines exports and imports of India's major oilseeds from 1990-91 to 2015-16. The methodology employed is the estimation of CAGR, Instability Index, Export import price elasticities of oilseeds and identification of top export import destinations. The results show that export prices of groundnut, soybean, niger, safflower, sesamum and sunflower were higher than import prices indicating that India has a comparative advantage in these crops. The terms of trade of India's oilseeds were found to have increased for all oilseeds except mustard crop. The exports price growth rate of groundnut, niger, safflower and sunflower were higher than imports. The study found that among oilseeds, mustard (0.97 %) has high export elasticity and that export imports prices of groundnut, soybean, safflower, sunflower and niger crops were found to be stable. It also found that India's major exports destinations for groundnut, soybean, niger seeds, sesamum, and sunflower are Indonesia, USA, South Korea and Philippines respectively, whereas major imports destinations are Germany, USA, Nigeria and Ukraine for groundnut, soybean, sesamum, and sunflower respectively. The study suggests that multilateral trade relationship with countries having high export imports share would help in smooth trade of oilseeds. These findings have important implications for policy research and R&D strategies in response and re-orientation of the R&D system to the changing trade scenario to benefit from WTO.

The study conducted in Karnataka state with an objective to find out the sources of growth and instability of groundnut production. The CAGR, CDI and Hazel's decomposition model was used. The growth pattern showed a downward trend along with higher instability in area, production and yield of groundnut in all the districts during period II. The variation in groundnut production was predominantly due to interaction effect of yield and area during period I, whereas change in mean area largely contributed during period II in the state. The change in mean yield, change in mean area, interaction effect and change in residuals had a stabilizing effect on groundnut production. The change in mean yield and change in mean area was primary sources of growth in all the districts and divisions. The study suggests that the research efforts may be concentrated on developing a suitable yield increasing technology in the state like HYV, expansion of irrigation area under groundnut. It helps to enhance the per unit production of groundnut as well as stabilize the area and yield of the groundnut in the state in particular and country as a whole. Highlights m The interaction effect of mean area and yield are major sources of growth in the state. The marginally highest variability was noticed in production than compared to area and yield of groundnut.

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