The latest rumors in the market about Summer crop are all varied. With estimates as low as 10,000 to optimistic levels of 20-25,000 MT.
However looking at the water/rainfall situation it looks that in most certainty it will be a very bad crop and with stocks in India at all time low and with no chance of big shopping from Africa anymore i wonder how India will continue its supply for the next 5 months before the next new crop in Sept-October.
Attached a Rainfall data for Gujrat for the last 1 Month. As you will see there is absolutely zero rainfall in all the districts and I wonder how farmers will make the sowing in such dry weather with irrigation facilities also failing.
3 comments:
nice report sir
thank you very clear report sir
thank you very clear report sir
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