Kharif Pulses Output Lowest in 4 yrs : commodity updates

pinnacle financial

In 2014-15,South West monsoon is highly erratic, delayed onset and initially progress was quite slow and June end with 43% deficient.The Deficient rains in Punjab, Haryana, Uttar Pradesh, Marathwada(Maharashtra), Telangana, Coastal Andhra Pradesh , East Madya Pradesh coupled with the incidence of flash floods in J&K, Assam, Bihar, Eastern UP and Odisha also resulting lower pulses output in kharif season. The higher production target of chana for the current year’s rabi season set to 9.3 million tonne from 8.66 MMT targeted in last year on record 9.88 MMT chana output in the previous year. 

for more stock updates - Intraday tips

Continue

Sowing of pulses and oilseeds, plummeted 35 percent:

MONSOON:

Strong rain in the last 10 days from sowing acreage of pulses and oilseeds in the country has improved, but still pulses and oilseed sowing acreage has declined drastically. The main reason behind this is that at the time there was no rain at that time agriculture was in need of water. Kharif crops this year the event is set. 
 

Sowing has decreased by 65.2 per cent in Madhya Pradesh. The state has until Thursday to Hectare 72,000. Last year was 207,000 hectares. Sowing in Maharashtra has lost 56.6 per cent. So far, 70,000 hectares have been sown.

get mcx free tips.....

Continue