-The Indian Express The main problem for farmers today is not production or having sufficient crop to sell. Instead, it has to do with prices that they are getting for their produce. The Met Department has forecast a third-in-a-row “normal” south-west monsoon this year, thanks to the very low probability of an El Nino event — the abnormal warming of the equatorial eastern Pacific Ocean waters, which is known to adversely impact...
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IMD Monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera
-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range Monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...
More »Monsoon forecast lifts up mood: As agri shines, will it rain returns for these stocks?
-The Financial Express After private weather forecaster Skymet on Wednesday predicted normal monsoons In India, research firm HSBC says that it will provide a boost to the agricultural sector. Interestingly, Skymet has forecast a a 20% chance of above normal monsoon, and a 5% probability of excess rain in 2018-19. HSBC notes that the agriculture sector is slated to benefit from it, as 70% of the total rainfall is attributable to...
More »Private forecaster sees monsoon above normal this year -Vinson Kurian
-The Hindu Business Line WRMS forecasts deficit rains for Rajasthan and Tamil Nadu Thiruvananthapuram: In what is seen as the first official outlook for year 2018 monsoon, private forecaster Weather Risk Management Services (WRMS) has said that the June-September rainfall would be largely on the ‘positive side of normal’ (normal to above normal). The forecast comes in the backdrop of a season that flattered to deceive in the just past year, recording only...
More »Winter rains scanty, reservoir levels drop -Madhvi Sally & Nishtha Saluja
-The Economic Times NEW DELHI: A winter rain shortfall of 63% in January and February across India has led to reservoir levels dropping in the major river basins of the Sabarmati, Kaveri and Tapi. While agriculture ministry officials said this will not impact the rabi crop significantly, farmers in Gujarat--where water level in the Sardar Sarovar dam is below normal--are worried about cotton sowing. “In the current situation, there is deficient water...
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