Agri Picks Report September 27, 2023: Geojit

commodities

Geojit's report on Agri Picks

Conditions are likely to become favorable for the withdrawal of southwest monsoon from some more parts of northwest and adjoining western India during the next two-three days, the India Meteorological Department said on Tuesday. On Monday, the weather department had said that monsoon had withdrawn from parts of southwest Rajasthan, against its usual date of Sep 17. Meanwhile, a low pressure area, which is likely to form over north Andaman Sea and adjoining east-central Bay of Bengal on Saturday, may bring heavy rainfall over Andaman and Nicobar Islands during the Thursday-Saturday period, the weather bureau said. Odisha and Jharkhand are also likely to receive heavy rainfall on Friday and Saturday, and on Saturday, respectively, the bureau said. With rainfall increasing in the east and northeast, the deficit in the region since Jun 1 may come down. Since Jun 1, the east and northeastern parts of India have received 1,096.3 mm of rainfall, 17% below the normal for the period, according to the agency's data. In the southern parts of the country, widespread rainfall is likely over Tamil Nadu, coastal Andhra Pradesh and Karnataka, and Kerala during the next few days, according to the department's latest update. Additionally, Chhattisgarh is likely to get heavy rainfall in some regions on Saturday, while some places in western India such as Madhya Maharashtra, Konkan, Goa, and Mararthwada may also receive heavy showers during the next few days. Rainfall across the country in September, especially in central, southern and some parts of west India, has been significant, which may help in bringing down the deficit in overall precipitation since Jun 1. There had been concerns earlier this month that rainfall over India may end in a significant deficit during Jun-Sep season. According to data from the weather department, August was the driest month in the country since 1901.

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27092023 - comm