Live Spot Prices
RBD Palmolein ( MCX ) 665 | Cardamom ( MCX ) 1279.1 | Menthol Oil ( MCX ) 1685.5 | Nickel ( MCX ) 953.2 | Wheat ( NCDEX ) 1988 | Castor Seed ( NCDEX ) 4609 | Chana ( NCDEX ) 4290
 
Hapless monsoon likely to hit Gujarat Cotton crop
Commodity Online | August 10 2018
UPDATED 13:53:40 IST

The upside in trading the Commodity you know

Govt to introduce new life into old Cashew plantations to increase yield

Rupee depreciation may boost agri exports

FIMI appoints Sunil Duggal as President

Rubber futures to trade on Multi Commodity Exchange

Gujarat Cotton growers are expecting a lower yield and crop failure due to insufficient rains in the state. The state has similar acreage of Cotton this year as it was last year but at the crucial growing period many Cotton growing areas, mainly in Saurashtra and North Gujarat are still dry and do not have enough irrigation facilities.

According to farmers and Cotton industry experts, it will be harmful for standing Cotton crop if the state does not have good spell of monsoon instantly.

According to the state agriculture department’s latest data, as on August 6, 2018, Cotton sowing has been done on 2.65 million hectares which was 2.64 million hectares in corresponding period last year. Cotton crop needs immediate rain in its growing period and if rain does not come within a week, Cotton may face big loss.

This year, farmers had begun sowing late due to delay in monsoon. The flood situation has already damaged Cotton in some parts of Saurashtra and South Gujarat. Yield of the crop will not be as expected in Gujarat this year in present scenario.

 

Commodity Arrivals Rate
Mustard Oil 2.2 9820.00
Coconut Oil 30 19150.00
Rubber 0.1 11800.00
Gur 1 3100.00

More

×