Cyclone Gulab damages India’s summer-sown crops just before harvesting

[ad_1]



Heavy rains brought by Gulab damaged India’s summer-sown crops such as soybeans, cotton, pulses and vegetables just before harvesting in key growing regions, which could reduce production and lift prices, industry officials told Reuters.


Lower production could force India, the world’s biggest importer of edible oils and pulses, to increase overseas purchases of these commodities, and it could also reduce cotton exports from the world’s top producer.





Gulab, which originated in the Bay of Bengal, made landfall on the east coast on Sunday and then weakened to a deep depression that brought heavy rainfall to the southern states of Andhra Pradesh and Telangana and western states of Maharashtra and Gujarat.


“I was hoping for a bumper soybean crop and good returns since soybean prices were attractive,” said 35-year old farmer Anand Mane from Latur in Maharashtra.


“But just before harvesting, rainfall hit and destroyed everything,” said Mane, whose soybean and sugar cane crops on eight acres were damaged, leading to a loss of more than Rs 2.5 lakh ($18.5 million).


Maharashtra, the country’s second biggest producer of soybeans, cotton and sugar cane and top producer of summer-sown pulses, received 381% more rainfall than usual on Tuesday.


Farmers have expanded areas under soybean, but rainfall is limiting the rise in production, said Davish Jain, chairman of the Soybean Processors Association of India.


Industry official were expecting India to produce more than 10 million tonnes of soybean in 2021, up from last year 8.9 million tonnes.


But the rainfall damage could limit the rise to 9.5 million tonnes, said a dealer with a global trading firm.


Leading cotton producing states have received excessive rainfall in the past four days, which badly affected plucking, said Chirag Patel, chief executive at Jaydeep Cotton Fibers Pvt Ltd, a leading exporter.


“Within a week the cotton production outlook changed. We were expecting higher yields, but now yields will go down and even the quality of harvested crop would be inferior at the beginning,” Patel said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

mail Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



[ad_2]

Source link