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11 Dec 2016 | 4:37 AM
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Commodity Research Report: Agri Fundamental

As per 2nd Advance Estimates for 2014-15, total foodgrains production in the country is estimated at 257.07 million tonnes which is the fourth highest quantity of annual foodgrains production in the country.
19 Feb 2015 | 09:34 AM

  • As per 2nd Advance Estimates for 2014-15, total foodgrains production in the country is estimated at 257.07 million tonnes which is the fourth highest quantity of annual foodgrains production in the country. It may be noted that despite deficiency of 12% in the monsoon rainfall during the year, due to proactive measures of the Ministry of Agriculture, the loss in production has been restricted to just around 3% over the previous year and  has exceeded the average production during the last five years by 8.15 million tonnes.
  • As compared to last year’s record production of 265.57 million tonnes, current year’s production of foodgrains is lower by 8.50 million tonnes. This decline has occurred on account of lower production of rice, coarse cereals and pulses due to erratic rainfall conditions during the monsoon season-2014. Total production of rice in the country is estimated at 103.04 million tonnes which is lower by 3.61 million tonnes than the last year’s record production of 106.65 million tonnes. Production of wheat estimated at 95.76 million tonnes is marginally lower than the record production of 95.85 million tonnes of wheat during 2013-14.  Total production of Coarse Cereals estimated at 39.83 million tonnes is lower by 3.46 million tonnes than their production during 2013-14.
  • Production of pulses estimated at 18.43 million tonnes is lower by 1.35 million tonnes than the last year’s production but higher by 0.81 million tonnes than their average production during the last five years. With decrease of 2.92 million tonnes over the last year’s production level, total production of oilseeds in the country is estimated at 29.83 million tonnes.
  • Production of sugarcane is estimated at 354.95 million tonnes which is higher by 17.14 million tonnes as compared to its average production of last five years. Total production of cotton estimated at 35.15 million bales (of 170 kgs each) is significantly higher (by 2.68 million bales) than the average production of last 5 years. Production of jute & Mesta is estimated at 11.47 million bales (of 180 kg each) which is lower by 0.22 million bales than their last year’s production and marginally higher (0.18 million bales) over their average production levels.
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