India's monsoon forecast to be better for crops next week

Aug 28 2014, 22:22 IST
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The monsoon is the leading determinant of rural spending on consumer goods. (Reuters) The monsoon is the leading determinant of rural spending on consumer goods. (Reuters)
SummaryIndia's monsoon is expected to provide more rain next week that will aid growth of crops...

India's monsoon is expected to provide more rain next week that will aid growth of crops sown in northwest and central areas, weather officials said on Thursday.

Once crops such as rice, corn, sugarcane, soybean and cotton are planted, they need rain at regular intervals for growth.

The annual monsoon rains are vital, because over half of India's farmlands lack irrigation, and the farm sector accounts for 14 percent of the national economy.

The monsoon, furthermore, is the leading determinant of rural spending on consumer goods ranging from lipstick to cars as two-thirds of its 1.2 billion people live in villages.

"The last couple of days' rainfall will nourish the soybean crop, which has entered the flowering stage," S.K. Srivastava, head of the state-run Directorate of Soybean Research, told Reuters over the phone from Indore, a soybean hub in central India.

India, the world's fifth-biggest producer of soybeans, is a major exporter of soymeal, derived after extracting the oil, and a leading supplier of soymeal to South East Asian countries, where it is preferred as an animal feed.

Rains were below average last week, giving respite to cane and rice areas of northern regions, which had recently been affected by floods following heavy rain in the Himalayas.

Weather officials said rainfall was expected to improve in the major crop areas of northwest and central regions but was likely to ease in the northeast region, which suffered from floods along with neighbouring Bangladesh.

This year's monsoon started on a weak note and had a poor run until late July, when rains revived in northwest and central India.

CROP PROSPECTS

The monsoon has been weak for the past couple of weeks, but that is unlikely to reduce harvest prospects for most of the sown crops as they have entered the germination stage, when less rain is required.

"The overall scene for most of the crops is good except millet and pulses, while production of rice is expected to be better than initial expectations," J.S. Sandhu, the country's farm commissioner, said.

"The delayed monsoon could reduce millet and pulses output by 2-2.5 million tonnes in the current crop year," he said.

Sandhu added that the main rice crop is unlikely to be hit heavily, even though floods in some growing areas took many lives and made thousands homeless.

India produced a record rice output of 106.54 million tonnes in 2013/14 following an early spread of last year's monsoon over the main growing belts. That amounted to

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