Agri Picks Report May 22, 2024: Geojit Financial Services

Geojit Financial Services's report on Daily Agri Picks

Conditions are favourable for the southwest monsoon to advance to some more parts of south Bay of Bengal Andaman and Nicobar Islands and the Andaman Sea during the next two days, the India Meteorological Department said on Tuesday. The southwest monsoon had set in over Nicobar Islands and south Andaman Sea on Sunday. The IMD, which has predicted the monsoon this year to be above normal at 106% of the long-period average, has forecast the weather system to set in over Kerala on May 31, a day before the normal date of Jun 1. The weather bureau has forecast severe heatwave conditions to prevail over most pockets of Punjab, Haryana, west Rajasthan and parts of west and east Uttar Pradesh, east Rajasthan and northwest Madhya Pradesh till Saturday. Meanwhile, under the influence of two cyclonic circulations over north Kerala and coastal Andhra Pradesh, extremely heavy rainfall is likely over parts of Kerala on Wednesday and Thursday, the agency said. Very heavy rainfall is very likely over Tamil Nadu, Puducherry and Karaikal till Thursday, Kerala and Mahe today and Friday and south interior Karnataka today, it said. The IMD said a low pressure area is likely to form over the southwest Bay of Bengal by Wednesday and move northeastwards to concentrate into a depression over central parts of the Bay of Bengal by Friday. The depression will continue to move northeastwards and intensify further thereafter, IMD said. Under its influence, light to moderate rainfall is over north and south 24 Parganas, east Medinipur districts of West Bengal and Balasore district of Odisha on Saturday, the weather bureau said. The weather bureau sees a gradual rise in maximum temperatures by about 2-3 degrees Celsius over many parts of Central India during the next five days. The agency sees no significant change in maximum temperatures likely over northwest India and Maharashtra during the next 24 hours and a gradual rise by 2–3 degrees Celsius thereafter. No significant change in maximum temperatures is very likely over the rest of parts of the country, it said.

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