MUMBAI, Feb 8 (Reuters) - India's soybean, rapeseed and soyoil futures climbed on Monday after a trade body trimmed estimatse of rapeseed crop and on firmness in overseas markets, analysts said. India's rapeseed output may fall an annual 4.8 percent in 2010 to 5.9 million tonnes, a leading trade body said on Sunday, as the world's fourth-biggest producer of the crop suffered its worst monsoon in nearly three decades. See [ID:nSGE617026] "The downward revision in production estimate is supporting oilseed complex. In short-term, it will keep prices on higher side despite weak meal exports," said Veeresh Hiremath, senior analyst at Karvy Comtrade. The soybean March contract NSBH0 on the National Commodity and Derivatives Exchange ended up 1.69 percent 2,135 rupees per 100 kg, while March soyoil contract NSOH0 finished 1.32 percent higher at 468.05 rupees per 10 kg. The rapeseed April contract NRSJ0 ended 1.12 percent higher at 487.8 rupees per 20 kg. Malaysian palm oil futures rose as much as 1.7 percent to a four-week intraday high before finishing slightly off the high, underpinned by a rebound in crude oil and rival soy prices, traders said. See [ID:nJAK258183] Soybean is crushed to produce soyoil and soymeal. Soyoil and palm oil prices usually move in tandem as both are used as cooking oil. U.S. corn and soybean futures rose more than 1 percent on Monday, bouncing off last week's 4-month low as investors took positions ahead of a key U.S. government report on world demand and supply. See [ID:nSGE61704C] India's January oilmeal exports slumped 32 percent from a year earlier, falling for the third straight month, due to weak demand from Vietnam, South Korea, Indonesia, Japan and Thailand, a trade body said. See [ID:nSGE61407U] (Reporting by Rajendra Jadhav; Editing by Sunil Nair)

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