India has experienced significant rainfall trends, with an average of 18.4 mm recorded in the week ending October 23, 2024, representing a 23% increase over the normal rainfall for the same period.
Central India saw a remarkable surge in rainfall, while northwest and east/northeast India faced deficits. The distribution of rainfall across subdivisions varied, with some reporting normal or excess rainfall and others experiencing deficiencies.
Cotton production for the 2024-25 season is projected to decline by 7.1%, with variations attributed to the unpredictable monsoon and other factors. The supply of cotton is estimated to decrease, leading to potential upward pressure on prices.
Stakeholders in the agricultural supply chain must navigate these challenges and opportunities.