Kharif foodgrain output likely to touch record 150.5 mt this year

In 2020-21, pulses production went down by 6.65 per cent between the first and fourth advanced estimates

India's foodgrain production is likely to touch a record 150.50 million tonnes in the ongoing kharif season (2021-22) but what should be of greater concern is that the output of oilseeds is projected to be 23.39 million tonnes, 2.66 per cent less than last year.

In oilseeds, groundnut production is estimated at 8.25 million tonnes, which is 3.50 per cent less than last year, while soybean output is estimated at 12.72 million tonnes, a decline of 1.08 per cent. The production numbers, according to the first advance estimate of the 2021-22 (July-June) crop year, were released on Tuesday. 

Prices of edible oils,