Second Advance Production Estimates Project Record Food Grain Production The government of India (GOI) released the Second Advanced Estimates for Agricultural Production on 27 February 2018, which projected the country’s total food grain production in 2017/18 at 277.49 MMT, 2.94 MMT more than the fixed target and up from 275.11 MMT in 2016/17.
As stated by the government, the increased production is the result of a near normal monsoon in 2017/18 as well as the implementation of its programs, including the higher Minimum Support Price (MSP) that was announced. Within the pulses production (see table above), gram (chickpea) production is estimated at 11.10 MMT, up 18.33 percent from 9.38 MMT in 2016/17, and urad (black lentil) prod...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...