Topic
crop
Commodities India's Foodgrain Reserves Hit Record 122 mt as El Nino Looms Over 2026 Kharif Crop
India's Central Pool foodgrain reserves hit a record 122.64 million tonnes as of June 1, 2026, sufficient to sustain welfare programmes for over two years. This buffer comes as El Nino threatens the 2026 kharif crop, with the government targeting 176.16 mt of foodgrain production despite a below-normal monsoon forecast.
Commodities Kharif Pulses Sowing Off to a Weak Start: Acreage Down 43% as of June 12
Kharif pulses sowing in India has started weakly with acreage down 43% as of June 12 due to a delayed and deficient monsoon. Tur acreage fell 57%, urad 22%, and moong 55% compared to last year. Farmers in key regions await rains, while the government holds buffer stocks of 4.3-4.5 million tonnes to keep prices in check.
Commodities India Soyabean Acreage Seen Rising Up to 10% on High Prices, Weak Monsoon Outlook
India's soyabean acreage is expected to rise by up to 10% in 2026, from 12 million hectares in 2025, driven by four-year-high prices and a forecast of below-normal monsoon rainfall due to El Nino. Farmers are shifting from water-intensive crops like sugarcane and corn. Higher output could help curb edible oil imports and ease domestic soyabean and soyameal prices.
Commodities El Nino May Weaken India's Monsoon, Threaten Rice and Maize Output, FAO Warns
The FAO has warned that the newly begun El Nino phase may weaken India's summer monsoon, putting rainfed crops like rice and maize under stress during the kharif season. Historical analysis shows that during the 2015-16 El Nino, India's maize output fell by 4% and rice dropped by 1%, while Southeast Asia lost about 15 million tonnes of rice. The agency also flagged that disruptions to shipping through the Strait of Hormuz are raising energy and fertiliser costs as farmers prepare for sowing.
Commodities India's Monsoon Boosted by IoD Amid El Nino Concerns
India's monsoon season could see improved rainfall due to a potential positive Indian Ocean Dipole (IoD) event, despite the looming threat of El Nino. The Bureau of Meteorology reports sea surface temperatures have crossed the El Nino threshold, but a positive IoD could enhance monsoon rains.
Commodities Delayed Monsoon Affects Indian Agriculture Markets
The delayed monsoon in India, influenced by El Niño, is impacting agricultural commodity markets. Key regions like Gujarat and Rajasthan face below-normal rainfall, affecting crop forecasts.