A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...

Summer temperature in India is set to remain above average, weather officials said, raising hopes of heavy rains at the start of the monsoon season that will help early sowing of rice, soybeans and lentils. Early sowing and the subsequent early harvest insulates crops from weather risks such as weak rains towards the end of the June-September monsoon season that delivers 75-90% of the rainfall in most parts of India. It also...

At a time when other countries are cutting down ethanol admixing with vehicular fuel due to tightening supplies of alcohol, India, oddly enough, is doing the reverse. The Union government has forced the states to raise ethanol doping of petrol from 5 per cent to 10 per cent immediately and has set the target of hiking it further to 20 per cent by 2017, least realising that the sugar industry,...

The government’s expectation of the rabi wheat crop making good the shortfall in the drought-affected kharif season has received a setback with a lower acreage in wheat, coarse cereals and oilseeds this season. The sowing of pulses, however, is 6.2 per cent higher than last year in the corresponding period. The sowing period ends around January 15. The sowing of rabi wheat, coarse cereals and oilseeds has fallen behind last year,...

The government’s expectation of the rabi wheat crop making good the shortfall in drought-affected kharif season received a set-back with a lower acreage in wheat, coarse cereals and oilseeds this season. Sowing of pulses, however, is 6.2 per cent higher than last year in the corresponding period. The sowing period ends around January 15. The sowing of rabi wheat, coarse cereals and oilseeds has fallen behind last year and this does not...