 |
|
|
|
| Commodity News |
| HeadLine : |
Kharif crops production likely to decline up to 53.3 per cent due to erratic weather |
| Date : |
Jan 14 2020 |
The production of coarse grains, pulses, oil seeds and sugarcane is expected to decline in the summer season of 2019-20 due to late monsoon and erratic and heavy rains later, according to a report. In the current assessment, coarse grains, pulses, oil seeds and sugarcane have marginally pushed themselves further in the negative region with an expected decline of 14.14 per cent, 14.09 per cent, 53.31 per cent and 11.07 per cent over the last estimate, respectively, according to a report by the National Bulk Handling Corporation (NBHC). "The monsoon rains had been 110 per cent over its long term average (LPA) with maximum in central India followed by southern Peninsula, northwest and northeast, respectively," NBHC head - Research and Development, Hanish Kumar Sinha said. Widespread floods were seen in 13 states between late July and early August 2019, due to incessant rains which caused significant dent on the acreage and production of several kharif crops, he said. The real deterrent for the kharif crop came with post monsoon rains, which exceeded by 32 per cent and had maximum impact in the northwest region (121 per cent excess) and the central India region (64 per cent excess). Total oilseeds (soybean, groundnut, castor seed, sunflower, sesame and niger seed) production is estimated to be 162.18 lakh tonne, which is 23.78 per cent lower than the last year's production of 212.77 lakh tonne. Soybean output is expected to dip significantly by 32.27 per cent and groundnut is expected decline by 9.57 per cent due to excess rains in Madhya Pradesh and Maharashtra towards the end of monsoon.
Source : Economic Times
|
|
|
News Archives:
|
|
|
|
|