Business Standard
Thursday, May 31, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
|Markets & Investing|||||||| 
 Section Home | News Now | Paper | Features | Q&A | PF News | PF Features | IPOs | MFs | Commodities | Trends | Stock Data | Financials | Money & Forex
Home > Markets & Investing Live Markets | Commodities
 

Rain revival to breathe life into standing crops
Surinder Sud / Aug 20, 2009, 00:52 IST

With the revival of the monsoon in the country’s major food bowl of north-west, as also in the eastern states, since the third week of August and many other regions subsequently, the concern about the survival of the standing crops has abated. But this may not help much in improving crop coverage in the current kharif which is rather low, especially in case of paddy (down 5.6 million hectares) and groundnut (down by over one million hectares).

The area under sugarcane is also lagging marginally behind last year’s level (4.25 million hectares, against 4.38 million hectares last year). But the fresh spell of rains in the sugarcane belt in the north and anticipated showers in the cane bowl of Maharashtra and some southern states in the next few days will improve crop yield and its sucrose content.

A distinct feature of this year’s kharif sowing is that farmers have preferred to go in for crops which are fetching high prices. The area under pulses, such as tur, urad and moong, has expanded by nearly 6 lakh hectares in response to the current high ruling prices.

Some of the oilseed acreage, notably that of groundnut, has been shifted to pulses due to relatively low and stable prices of edible oils and poor rains. Soybean acreage is marginally up (9.37 million hectares, against last year’s 9.27 million hectares) anticipating good demand from the soy-based industry and improvement in the soymeal export prospects.

Maize and jowar, which are also anticipated to fetch good returns because of higher demand from poultry and starch industries, have also been planted on larger area though the total area under the coarse cereals has marginally declined.

However, the refilling of major reservoirs, which had topped last year’s level by the end of July, had suffered a set back due to the dry spell in the first half of August. Consequently, the total water stock of the 81 major reservoirs, which had risen to 52.8 billion cubic metres (BCM) by July 30 (higher than last year’s corresponding level of 47.1 BCM), had increased further only to 57.14 BCM by August 13, falling far short of the previous year’s position of 67.15 BCM on this date. The present level is well below the normal 68.84 BCM as well.

This is a matter for concern as it can adversely impact the availability of water for irrigation as well as for hydro-power production. However, the improvement in the rainfall situation since August 13 may help augment water storage in the coming weeks.

The recent rains have helped bring down, even if only slightly, the overall paucity of cumulative monsoon rainfall in the country from 29 per cent on August 12 to 28 per cent on August 16.

These showers reduced rainfall deficiency in the north-west from 43 per cent on August 12 to 40 per cent on August 16 and in the north-east from 36 per cent to 32 per cent. But, the deficiency remained almost static at 23 per cent in the southern peninsula and worsened slightly from 19 per cent to 21 per cent in the central India during this period.

However, parts of central India and peninsula have experienced some welcome showers in the past 2-3 days and more rains are predicted for next few days.

According to the India Meteorological Department (IMD), an upper air circulation today lied over north Tamil Nadu and adjoining areas, which will cause widespread rainfall in parts of peninsula in next 3-4 days. Fairly widespread rainfall has also been forecast for West Bengal, Sikkim and Bihar in next 2 to 3 days.

The Indian Council of Agricultural Research (ICAR) has advised the traditional sunflower growers of Karnataka, Andhra Pradesh and Maharashtra, who have been unable to plant the seeds so far, to sow the crop till early September. Castor can also be planted in Gujarat, Maharashtra, Rajasthan, Orissa and Chhattisgarh till the third week of August.

In most parts of the country, short-duration crops of moong, urad, bajra, jowar, maize, niger (oilseed) and sesame can still be grown to mitigate the crop loss due to poor rains so far.

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
- 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 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
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
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Tata Motors skids as margins dip at JLR
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Rupee-sensitive stocks risky for new investors
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
 
  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