Good Monsoon Rains Help Indian Farmers Plant More Rice, Pulses
(Bloomberg) — India’s farmers have increased rice and pulse planting areas due to higher-than-average monsoon rains. Rice is planted on 27.7 million hectares, up 5.3% from last year, while pulses cover 11.1 million hectares, an 11% increase. The monsoon season, running from June to September, has delivered 6% more rain than usual, aiding these expansions. Additionally, areas for corn and oilseeds have also risen.
(Bloomberg) — India’s farmers expanded planted areas for rice and pulses, helped by higher-than-average rains during the first half of the four-month monsoon season.
Rice has been planted on about 27.7 million hectares (68.4 million acres), up 5.3% from a year earlier, according to a statement from the farm ministry on Friday. India is the world’s biggest exporter of the food grain.
The area allocated to pulses rose to 11.1 million hectares, a jump of 11% from a year earlier. Sowing of corn and oilseeds also increased.
The country’s monsoon runs from June to September and rains are so far 6% above normal, according to the India Meteorological Department. Farmers usually begin sowing the monsoon crop in late May, and harvest it starting in late September.
Source Link : https://www.bnnbloomberg.ca/investing/commodities/2024/08/05/good-monsoon-rains-help-indian-farmers-plant-more-rice-pulses/
