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Indian-Commodity  :  Economy  :  India's kharif foodgrain output likely to decline by 2.78% to 134.67 MT

India's kharif foodgrain output likely to decline by 2.78% to 134.67 MT (26-Sep-2017)

India's total production of Kharif Foodgrains, comprising rice, pulses and coarse cereals, is estimated to decline by 2.78 percent to 134.67 million tonnes (MT) in the kharif season of 2017-18 (ending October), mainly on account of poor rains as well as floods in some parts of the country. The country had produced a record 138.52 MT in the kharif season of 2016-17 on good monsoon rains.

According to the first advance estimates by the Agriculture Ministry for the year, in cash crops, production of cotton, oil seeds and jute is estimated to fall and that of sugarcane to go up. Cotton output is estimated to be slightly lower at 32.27 million bales (of 170 kg each) in the 2017-18 crop year (July-June) from the earlier 33.09 million bales. Oilseed output is estimated to be down at 20.68 MT compared to 22.40 MT in the year- ago period. However, sugarcane output might rise to 337.69 MT, from 306.72 MT before.

As per the data, rice output for the season is estimated to fall by 1.9 MT to 94.48 MT, from the record 96.39 MT in the previous kharif. Similarly, the total production pulses could drop to 8.71 MT, from the record 9.42 MT, due to depressed prices and poor rains. Besides, the production of tur is estimated to be lower at 3.99 MT from 4.78 MT, while urad output may rise to 2.53 MT from 2.17 MT in the last kharif season. Besides, coarse cereal output is also seen lower at 31.49 MT, against 32.71 MT in the gone-by kharif season and maize output is pegged at 18.73 MT this kharif as against 19.24 MT a year ago. At the same time, soyabean output has been pegged at 12.22 MT as against 13.79 MT last kharif.


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