The critical southwest monsoon seasonal (June to September) rainfall, which feeds India’s billion plus people, is most likely to be normal this year, the Indian Meteorological Department (IMD) said in a statement, raising hopes a struggling economy will get a boost as the agriculture sector benefits. “Quantitatively, the monsoon seasonal (June to September) rainfall over […]
Good rains this season and GI tag for Kashmiri saffron has encouraged farmers in Jammu and Kashmir to produce saffron again. Many Kashmir farmers have been deterred from engaging in saffron cultivation as a result of the invasion of cheap Iranian saffron into Indian and international markets. Iranian saffron is up to 48% cheaper than Kashmiri […]
From south-west to north-east, a stretched monsoon has pushed vegetables in India into an unsavoury stew of high prices, ratings agency CRISIL said in a report, adding that any respite in the short-term will be a function of how it pours from here. “First came the erratic and often copious summer spells that delayed arrivals […]
India’s natural rubber (NR) production is expected to drop sharply in October and November, as heavy rains have been disrupting tapping activity in the country’s top NR producing state, Kerala. With production dipping India, the world’s second-biggest consumer of natural rubber, may have to increase imports in the coming months from Indonesia, Malaysia and Thailand, […]
Gujarat, the main producer of groundnut, produced 38.55 lakh tonnes of groundnuts this year, up 8.74 percent from the previous year, according to industry body Solvent Extractors’ Association (SEA) of India. Last year, Gujarat had harvested 35.45 lakh tonnes of groundnuts. The increase in output is mostly because of normal to high rainfall in August […]
Onion prices have increased by Rs 750 a quintal over the past ten days in markets across Maharashtra’s Nashik district, the commodity’s hub. But, prices are likely to head south once early Kharif onion begins arriving next month. Traders have raised the prices citing damage to stocks in storages. The rise in prices will also […]
Prices of onion are likely to go up substantially, with an erratic monsoon leading to an eventual delay in the harvest. The delay in arrival of the kharif crop and shorter shelf life of the buffer stock because of Cyclone Tauktae may result in a rise in prices, says a research note from CRISIL. CRISIL […]
Monsoon extremes are likely to increase over India and South Asia, while the frequency of short intense rainy days is expected to rise, noted an IPCC report on climate change. The report also states that extreme weather and poor air quality is likely to gut India’s poor farmers and low-income workers, unless remedial actions are […]
A harsh drought grew more severe across major parts of the U.S. farm belt this week, threatening recently planted corn, soybean and spring wheat crops in Iowa, Minnesota and the Dakotas, meteorologists and climatologists said on Thursday. Rains forecast for the northern Midwest and Great Plains this weekend and next week will bring relief to […]
Tauktae, designated as an extremely severe cyclonic storm equivalent to a Category 3 hurricane, is moving north-northwestward in the Arabian Sea towards the western Indian state of Gujarat and is expected to cross the coast later on Monday, the India Meteorological Department said. It said in statement that heavy rainfall and winds with a maximum […]
