Business Standard
Wednesday, May 30, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

MP expects good soya output
Shashikant Trivedi / New Delhi/ Bhopal Jun 16, 2011, 00:41 IST

With the onset of good monsoon, soya processors and farmers are expecting a good crop this year too. The crop estimate is however not decided as of now as sowing has not started in Madhya Pradesh.

Processors expect the acreage in Madhya Pradesh — known as the soya bowl of India — to touch more than 5.5 million hectare. According to Soyabean Processors Association of India, an Indore-based organisation that releases soya crop related estimates and data, “Soya is likely to cross more than 10 million hectare of acreage this year too.”

Although there was a shift from soya to other crop in the Malwa belt, the crop production during 2010-11 is likely to touch 5.5 million tonne. “This year we expect acreage in Madhya Pradesh to reach 5.5 million hectare. Sowing in states like Maharahstra has started, growers in Madhya Pradesh will start sowing by the fourth week of this month. The good monsoon sign augurs well for acreage and the crop,” said Rajesh Agrawal, Sopa spokesperson, adding, “Acreage is likely to touch more than 10 million hectare this year like the previous year.”

Madhya Pradesh contributes to 80 per cent of India’s total soya production. Barring a few dry spells in the late 90s, soya crop has never slipped to less than 3.8 million tonne in the state.

On the other hand, state government is likely to set a target of 5.55 million hectare acreage. “This year acreage will slightly go up from last year’s 5.5 million hectare,” said an official in the agriculture department.

Farmers in Malwa belt — Indore, Ujjain, some parts of Bhopal, Dhar and Jhabua have reported shortage of seed. The state needs at least 0.8 million tonnes seed while the availability is only 0.4-0.5 million tonnes.

According to the meteorology department, the state is likely to receive good spell of rains this fortnight of June. “Reports from across the state indicates the state is going to receive normal rain fall this year,” a MET department official said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Striking Air India pilots have no rights to be trained: HC
- KBC 6 gets record registrations
- SBI to rework structure in circles
- UPDATE: NDA calls for Bharat Bandh on May 31
- Foreign investor norms eased to accelerate capital inflows
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us