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Agri Picks Report: Geojit

According to According to Southwest Monsoon has further advanced into more parts of central Arabian Sea.

June 07, 2021 / 10:37 AM IST

Geojit's report on Agri Picks

Southwest Monsoon has further advanced into more parts of central Arabian Sea, some more parts of Maharashtra, entire Karnataka, some more parts of Telengana, entire Tamil Nadu, some more parts of Andhra Pradesh, more parts of central Bay of Bengal and northeast Bay of Bengal and thence entire northeastern states of India(Nagaland, Manipur, Mizoram & Tripura, Assam & Meghalaya, Arunachal Pradesh), most parts of Sub-Himalayan West Bengal & Sikkim today, the 06th June 2021. India will not only receive southwest monsoon rainfall at 101% of long period average, higher than the earlier forecast of 98%, but rainfall will also be normal in all four months of the monsoon season this year, says India Meteorological Department Director General of Meteorology Mrutyunjay Mohapatra. Guntur APMC extends closure of operations till June 13 to curb COVID-19 spread. The Food Corp of India has lifted 6.3 mln tn food grain so far in phase three of Pradhan Mantri Garib Kalyan Anna Yojana, the agency's Chairman and Managing Director Atish Chandra said. The government has once again brought forward the target for state-owned oil companies to blend 20% of ethanol in petrol, by two years to Apr 1, 2023, according to an official notification. The government is monitoring the prices of edible oils, pulses, and onion every week and will intervene if required, Food Secretary Sudhanshu Pandey said. The government has raised its wheat procurement target to nearly 43.0 mln tn in 2021-22 (Apr-Mar) marketing season from its previous aim of 42.7 mln tn, Food Secretary Sudhanshu Pandey said.

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first published: Jun 7, 2021 10:37 am

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