Extremely good rainfall received during the monsoon period and subsequent months will help the country to harvest a record 110 million tonnes (mt) or more of wheat, according to projections by two different private agencies.
While the firms —private weather forecaster Skymet Weather Services and National Collateral Management Services Ltd (NCML) – projected that wheat output would be much higher than the 102.19 mt projected for 2018-19 in the 4th advance estimates, their assessments differed on two major rabi crops—Bengal gram and mustard. While Skymet said the output of both the commodities would higher than that in the last year, NCML’s projections were contrary to it.
Rabi crops account for nearly 50 per cent of India's total foodgrain production.
Initial projections
This story is from the January 29, 2020 edition of The Hindu Business Line.
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This story is from the January 29, 2020 edition of The Hindu Business Line.
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