Geojit's report on Agri Picks
The progress of southwest monsoon is likely to be slow into some more parts of Gujarat and Uttar Pradesh during the next 2-3 days, said India Meteorological Department. The country received 9.9 mm rainfall yesterday, 64% above the normal weighted average of 6.0 mm, according to the India Meteorological Department. Mills in India produced 30.7 mln tn sugar during Oct 1-Jun 15, up 13.1% on year, the Indian Sugar Mills' Association said. The government has reduced the base import prices of all edible oils by $37- $112 per tn, the Central Board of Excise and Customs said in a notification. The water level in 130 key reservoirs was at 47.631 bcm, or 27% of the total storage capacity, according to data from the Central Water Commission. The level was 14% lower on year and 29% higher than the 10-year average. In the northern region, the level was at 20% of the total capacity compared to 38% a year ago. In the eastern region, it was at 23%, against 28% a year ago. In the western region, the water level was at 28% compared to 36% a year ago.
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