Rainfall in India from the key southwest monsoon decreased by 12 mm in the last decade, Skymet said in a report, adding that the rains would be normal this year. Based on revised data, the new seasonal long period average (LPA) now stands at 868.8mm for the four-month long season from June to September. Earlier, […]
The India Meteorological Department said on Monday that the southwest monsoon is likely to hit the Kerala coast on June 3, even as private weather forecaster Skymet said the monsoon has hit the southern state, according to Geojit’s daily report on agricultural commodities. Castor seed prices, which have already risen 11% in the last three […]
India’s Southwest monsoon, which brings a majority of rainfall to the country, is expected to be normal this year, the India Meteorological Department (IMD) said on Friday. M Rajeevan, secretary of the Ministry of Earth Sciences, said the monsoon this year will be 98% of the Long Period Average with an error margin of plus and […]
India will receive normal monsoon rains for a second consecutive year, which will help maintain food supplies even as parts of the country are again facing a near lockdown. Leading weather forecaster Skymet predicted that the rains during the June-September monsoon would be around 103% of the historical average. Bountiful monsoons helped India achieve a record […]
Omnivore, the country’s leading VC fund supporting companies in the fast growing agri-tech business, is now planning to expand its ambit and also include startups from allied sectors of the larger food and agriculture space. Speaking with Indoasiancommodities, Jinesh Shah, Managing Partner of the fund, said that Omnivore has already taken some preliminary steps in […]
Omnivore, the country’s leading VC fund aligned with the fast growing agri-tech business in the country, is expecting to see a major jump in its investment portfolio in the current year. Speaking with Indoasiancommodities, Jinesh Shah, Managing Partner of the fund, said that the growth of the established agri-tech firms got momentum last year due […]
TheNational Commodity and Derivatives Exchange Limited (NCDEX) will publish two national-level rainfall-based indices on June 10, 2020 that would track the systematic rainfall movement in the country – the Indian Monsoon Index (Cumulative Monsoon Index) and Indian Rain Index (Monthly Cumulative Rainfall Index), reports Economic Times. NCDEX has partnered with Skymet Weather Services Private Limited, […]
Heavy rainfall is being forecast over parts of the South Peninsular India till Sunday with isolated heavy to very heavy rainfall over Kerala and Lakshadweep on Saturday and Sunday as a low-pressure area forms in the neighbourhood ahead of the monsoon onset over Kerala. The India Meteorological Department (IMD) is of the view that conditions […]
Wheat production during the current rabi season could be a record 113.66 million tonnes, nearly 10 per cent more than the 103.6 million tonnes output in the previous year, while gram output could be 8 per cent higher at 10.74 million tonnes, according to the crop estimate report released by private weather forecasting firm Skymet. […]
The government’s second advance estimates released last month have pegged wheat output at 106.21 million tonne for 2019-20 crop year (July-June), up by 2.5% from a year earlier. The current spell of rain lashing many parts of India in the last two days has not damaged winter crops, according to initial reports from states. However, […]