India soybean yield forecast to drop to historic low, says USDA

 

India’s soybean production is estimated at 7.5 million metric tons, down 6.3 percent from the last month and down nearly 14 percent from last year due to abnormal growing conditions, th U.S. Department of Agriculture said in its latest monthly report.

It said harvested area is estimated at 11.4 million hectares, down 2.1 percent from last month but up 4.5 percent from last year. Yield is estimated at 0.66 tons per hectare, down 4.5 percent from last month and down 17.5 percent from last year.

“Sufficient rainfall at the start of the monsoon season encouraged farmers to increase planted area. However, the monsoon ended a month earlier than normal for the majority of the soybean area and rainfall was characterised as uneven and sporadic,” the report said.

Madhya Pradesh, the largest producer, experienced excessive rainfall until the end of August which contributed to significant yield losses. The hot and wet conditions in Madhya Pradesh also increased pest problems which exacerbated crop losses.

Dry weather in Maharashtra and Rajasthan, the second and third largest producers, was a factor in crop losses in these states. Maharashtra and Rajasthan yields are likely to have improved prospects but will not offset low yields in the rest of the country, the report said.

 

Leave a Reply

Your email address will not be published.