Topic
crop prospects
Commodities Urad Prices Ease on Improved Crop Prospects, Weak Demand; Mandi Price at Rs 8,638
Urad (black matpe) prices eased to Rs 8,638 per quintal as of August 3, down from Rs 8,908 a week earlier, amid improved kharif acreage across Central and North India and weak millers' demand. Acreage rose 10 per cent to 21.08 lakh hectares as of July 31. The India Pulses and Grains Association expects prices to remain under pressure in the near term.
Commodities Weak monsoon set to dent India’s 2026-27 coffee prospects
The weak onset of the southwest monsoon in India's key coffee-growing regions of Kodagu, Chikmagaluru, Hassan, and Wayanad has raised concerns over the 2026-27 coffee crop. Cumulative rainfall deficits range from 29% to 45% in June 1-17, hurting berry development and increasing pest infestations. The USDA projects a 4% drop in output to 6.14 million bags, while the Coffee Board is yet to release its estimates.