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India's rice production is likely to touch a record 119.93 million tonne (MT) in the 2024-25 kharif season on good monsoon, according to the agriculture ministry's first advance estimate released on Tuesday. The record estimate comes amid surplus stocks in government godowns. Rice production is projected 6.67 million tonne higher than the previous year's kharif season. The harvesting of the main kharif crop is underway across the country. Among coarse cereals, maize output is estimated at an all-time high of 24.54 MT for the 2024-25 kharif season (July-June), up from 22.24 MT last year. While jowar production is estimated higher at 2.19 MT, bajra output is likely to decline to 9.37 MT. Total coarse cereals production is pegged lower at 37.81 MT against 56.93 million tonne in the year-ago period. The ministry estimates total foodgrain production at 164.70 MT for the 2024-25 kharif season, higher than 155.76 MT last year. Pulses output is expected to remain almost flat at 6.95 MT
Soybean production in the country has increased by about 6 per cent to nearly 126 lakh tonnes in the current kharif season due to favourable weather conditions, an organisation of the crop processors said on Tuesday. Its acreage remained almost the same as last season, the trade body said. During the last kharif season, the average productivity of soybean per hectare in the country was 1,002 kg, while this time it has increased to 1,063 kg, Soybean Processors Association of India (SOPA) Executive Director D N Pathak told PTI. "This time the distribution of monsoon rains in the major soybean producing areas of the country was good, which boosted the crop yield. The adoption of advanced methods of farming by cultivators and increased the crop yield," he said. After the sowing of soybean during the kharif season of 2023, there was a severe lack of moisture in the fields due to lack of rain for three weeks in the major soybean producing areas in August, as a result the crop productivit
A Business Standard analysis looks at the MSP of these five crops and also wheat and paddy (the ones which few among the five aim to replace)
Initial production estimate of other crops too expected to be less than last year
Production of rice, the largest cereal grown during the season, is expected to be more than last kharif
The procurement of paddy and maize at the support price from farmers will begin in Chhattisgarh from November 1in the ongoing Kharif season, according to officials. Notably, the procurement drive will coincide with the assembly elections due this year-end. Chief Minister Bhupesh Baghel had announced earlier that 20 quintals of paddy per acre and 10 quintals of maize per acre will be procured from farmers. The policy for the 'procurement and custom milling of paddy and maize at the support price' was finalized during the Cabinet meeting chaired by the chief minister on Tuesday at his official residence here. While the paddy procurement drive will be carried out from November 1 to January 31, 2024, the maize procurement will continue from November 1 to February 28, said a public relations department official. The cabinet has also decided to extend the validity of the government guarantee (amount of Rs 14, 700 crore) to the Chhattisgarh State Cooperative Marketing Federation for padd
The data related to monsoon and crop production for the decade suggest that despite uneven monsoon rains over the years, Indian agricultural output has remained largely immune to rainfall patterns
CPI-inflation for the month of September surged to a five-month high of 7.4 per cent largely due to a spike in food inflation which jumped to a 22-month high of 8.6 per cent for the same period
This will be the lowest output in two years, according to first estimate
A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, to touch 7 per cent in August. Similarly, the wholesale price inflation, which declined to 11-month low, also showed price pressures from cereals resulting from wheat output being impacted by severe heat waves in some parts of the country. In addition to this, expectation of a lower paddy output - conservative by government estimates and higher if outside experts are to be believed - will keep inflationary expectations higher, experts and analysts believe. Erratic June-September rainfall and delayed withdrawal of South-West monsoon rains have added to concerns over paddy crop. India's rice production during the 2021-22 crop year, ended June, stoo
Official data showed that among major kharif crops, acreage of pulses was almost 7 per cent more than last year
Biggest hikes were reserved for pulses, oilseeds
Market participants anticipate a shift from pulses to oilseeds and cotton in several areas
India's foodgrain production is likely to touch record 150.50 million tonne in the ongoing kharif season on better rice output amid good monsoon, the agriculture ministry said on Tuesday.
Foodgrains production is pegged at record 144.52 million tonnes in the 2020-21 kharif season notwithstanding Covid-19 crisis, Agriculture Minister Narendra Singh Tomar said on Friday.
Will also procure 1.4 million tonnes of pulses and oilseeds, and start lifting cotton on October 1
Among cash crops, cotton planting has risen by 11.29 per cent to 121.25 lakh hectares so far in the current kharif season
The first of a two-part series looks at the problems cultivators are facing during the pandemic
Rice output in 2019-20 is expected to decline by 8.2 per cent over last year and maize by 11.9 per cent
The minister said kharif crops were affected in some states because of floods but it would not have much impact on the overall production