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Published byLiani Widyawati Sudirman Modified over 6 years ago
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IMC-ERTF and Agribusiness & Food Processing Committee jointly present a panel discussion on Kharif 2017 Crops and Inflation Outlook Opening Remarks and Theme Address G. Chandrashekhar Director ERTF & Economic Advisor, IMC
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Kharif Planted Area (in Million hectares)
Crop Rice Maize Pulses Oilseeds Cotton Sugarcane
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Kharif 2017-18 Crop Estimate (in million tons)
Crop Target Output Rice Cr Gr Maize Pulses Tur SuCne
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Kharif 2017-18 Crop Estimate (in million tons)
Crop Target Output Oilseeds Soy Gnut Cotton* (* bales of 170 kg each)
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Drivers of agri market Economic growth (S-D fundamentals)
Geopolitics (via crude oil) Monetary policy (liquidity /interest rate) Currency (USD-INR) Weather Speculative capital (global market)
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Current Status Oilseeds, pulses rates below MSP
Will farmers protest again? SW monsoon has had an uneven run Pun, Har, UP, MP – deficient rains Soil moisture inadequate for Rabi Need winter rains for wheat, pulses, oilseed crops
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G. Chandrashekhar Phone: +919821147594 Email: g. chandrashekhar@imcnet
G. Chandrashekhar Phone:
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