India Agribusiness Report - Business Monitor International - Industry Reports

India Agribusiness Report

India Agribusiness Report - Business Monitor International - Industry Reports
India Agribusiness Report
Published Aug 30, 2016
96 pages — Published Aug 30, 2016
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Abstract:

India recorded below-average rainfall over most of ---- and Q---, which has hurt the wheat crop in both ----/-- and ----/--. The ----/-- wheat harvest was completed in May and we estimate production recorded weak growth (of -.- to --.-mn tonnes, below the average crop of --.-mn tonnes recorded over ----/-------/--), after having declined in ----/-- (by -.- to --.-mn tonnes). ...The ----/-- wheat harvest was completed in May and we estimate production recorded weak growth (of -.- to --.-mn tonnes, below the average crop of --.-mn tonnes recorded over ----/-------/--), after having declined in ----/-- (by -.- to --.-mn tonnes). Reduced water levels in major reservoirs, following weak monsoon precipitation in ----, coupled with unseasonably high temperatures and below- average rains in Q----Q--- associated with the El Nino event, reduced the area planted in major wheat producing states located in the north and northwest. In spite of the drought, yields will be more in line with long-term averages, after they decreased in ----/--. ...The India Meteorology Department expects the monsoon to be above average this year, which will favour the kharif grain and pulses crop, including corn. We forecast corn production to grow by -.- y-o-y in ----/-- to --.-mn tonnes, while consumption will continue to grow at a robust pace in ---- and ---- (-.---.- to reach --.-mn tonnes in ----).

...Sugar production growth to ----/--: -.- to --.-mn tonnes. Inefficiencies in the pricing policy will constrain growth. ...Palm oil consumption growth to ----: --.- to --.-mn tonnes. Domestic palm oil consumption will be propelled by strong demand for domestic food use, which makes up about -- of total domestic palm oil demand. Beef & veal production to ----/--: --.- to -.-mn tonnes. ...---- real GDP growth: -.- (down from -.- in ----; predicted to average -.- from ---- to ----). ---- consumer price inflation: -.- y-o-y ave (down from -.- in ----; forecast to average -.- from ---- to ----).

...The outlook for production in the upcoming ----/-- season is more positive. The summer monsoon (June- September) has started on a strong note and is forecast to come in above average. ...

  
Source:
Document ID
1759-1627
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "India Agribusiness Report" Aug 30, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Agribusiness-Report-2026-805>
  
APA:
Business Monitor International - Industry Reports. (2016). India Agribusiness Report Aug 30, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Agribusiness-Report-2026-805>
  
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