Farmers of many states like Rajasthan, Madhya Pradesh and Maharashtra have yet not come out from the trauma of crop loss due to unseasonal rains during first fortnight of March. However, the states/central government have announced different relief (financial assistance) packages for the farmers.
And again Rain God seems to have annoyed from the farmers. As per the IMD, the rains/hail storm/squall are likely to occur at many places in the next one to two days.
The Rabi crop harvesting is underway in most parts of the north India. Major contribution to the food crops comes from the states like Punjab, Haryana, Uttar Pradesh, Rajasthan and Madhya Pradesh.
Have a close eye on the RABI SEASON CROPS like WHEAT, GRAM (Chana), BARLEY, MUSTARD SEED (RMSEED), CUMIN (JEERA), Coriander (Dhaniya) in India market.
It is to be seen that impact of this rain on the crops and accordingly the market direction would be decided.
It seems that Next week movement would be volatile with a positive bias in the above mentioned commodities.
Source: IMD, 29 March 2015
And again Rain God seems to have annoyed from the farmers. As per the IMD, the rains/hail storm/squall are likely to occur at many places in the next one to two days.
The Rabi crop harvesting is underway in most parts of the north India. Major contribution to the food crops comes from the states like Punjab, Haryana, Uttar Pradesh, Rajasthan and Madhya Pradesh.
Have a close eye on the RABI SEASON CROPS like WHEAT, GRAM (Chana), BARLEY, MUSTARD SEED (RMSEED), CUMIN (JEERA), Coriander (Dhaniya) in India market.
It is to be seen that impact of this rain on the crops and accordingly the market direction would be decided.
It seems that Next week movement would be volatile with a positive bias in the above mentioned commodities.
Source: IMD, 29 March 2015
Source: IMD, 29 March 2015
Source: IMD, 29 March 2015
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