Agri Picks Report September 24, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

India received 2.7 mm of rainfall on Monday, 49% below the normal of 5.3 mm, the India Meteorological Department said. Since Jun 1, the country has received 880.8 mm of rainfall, 5% above the normal of 837.7 mm for the period, it said. Three out of four homogeneous regions in the country received below-normal rainfall on Monday. The rainfall was 97% below normal in east and northeast India at 0.3 mm, 99% below normal in the northwest at 0.0 mm and 12% below normal in central India at 4.4 mm. The rainfall in the southern peninsula was 18% above normal at 6.0 mm. So far in the season, rainfall has been normal in 20 of the 36 subdivisions in the country. Rainfall was 'excess' in nine, and 'deficient' in five subdivisions, it said. The rainfall was a 'large excess' in two subdivisions since Jun 1. Meanwhile, the southwest monsoon has withdrawn from some parts of west Rajasthan and Kutch on Monday, against the normal date of Sep 17, according to IMD. Typically, the southwest monsoon starts withdrawing from northwest India around Sep 17. The monsoon withdraws from South India around Oct 15, marking the withdrawal from the entire country. So far, west Rajasthan has received 73% above normal rainfall at 482.1 mm, and Kutch received 105% above normal showers at 808.5 mm, according to the weather department.

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24092024 - co