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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
India experienced average rainfall of 18.4 mm, 23% above normal, with significant excess in Central India and the South Peninsula, while northwest and northeast regions faced deficits. The Cotton Association of India forecasts a 7.1% drop in cotton production for 2024-25 to 30.2 million bales, with domestic demand steady at 31.3 million bales and exports revised down to 1.8 million bales.
The Cotton Association of India projects a 7.1% decline in cotton production for 2024-25 to 30.2 million bales, with domestic demand steady at 31.3 million bales. Groundnut production in Gujarat is expected to rise by 26% to 4.2 million tonnes, driven by increased productivity despite some crop damage from recent heavy rains. Additionally, soybean acreage in Gujarat has expanded due to lower input costs and higher mechanization.
Cotton Association of India
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India Meteorological Department
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05:36 25.10.2024
Indian Rupee
Solvent Extractors' Association of India
Geojit Financial Services Limited
Cotton Association of India
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05:48 23.10.2024
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