agribazaar
April 10, 2019
Sowing period: June to October
Harvesting period: November to February
Crop season: Kharif
Sowing period: November to February
Harvesting period: March to June
Crop season: Rabi
Key growing regions (Paddy Kharif):
- Karnataka – Raichur, Koppal, Bellary, Shimoga, Davangere
- Uttar Pradesh – Hardoi, Kanpur, Fatehpur, Bahraich, Raebarelli
- Tamil Nadu – Villupuram, Thiruvannamalai, Vellore, Cuddalore
- Madhya Pradesh – Raisen, Hoshangabad, Seoni, Rewa, Gwalior
Key growing regions (Paddy Rabi):
- West Bengal – Burdwan, Birbhum, Murshidabad, Coochbehar
- Chattisgarh – Balod, Dhamtari, Balodabazar, Mahasamund, Raipur
- Andhra Pradesh – Kurnool, West Godavari
Production and Sowing estimates:
Kharif:
- As per the Ministry of Agriculture second advance estimate FY 2018-19 released on February 28, 2019, Paddy Kharif production was 96.48 million MT (Mn MT) compared to FY 2017-18 which was 101.96 Mn MT, up 5.68 per cent.
Rabi:
- As per the Ministry of Agriculture second advance estimate FY 2018-19 released on February 28, 2019, Paddy Rabi production was 14.53 million MT (Mn MT) compared to FY 2017-18 which was 13.63 Mn MT, down 6.19 per cent.
- All India Paddy sowing as on February 15, 2019 was 33.96 lakh hectares which were down by 14.33 per cent from last year’s corresponding period area of 39.64 lakh hectares.
- All major Rabi growing Paddy states like Andhra Pradesh, Tamil Nadu, Telangana shows downfall under Rabi Paddy due to unfavourable weather and water availability.
Market commentary: Price outlook
- MSP for Paddy for 2018-19 is Rs. 1750 an increase of Rs 200 or 12.90 percent compared to last year’s price of Rs. 1550 per quintal.
- The Maharashtra Government announced a bonus of Rs. 500 per quintal on the purchase of Paddy from farmers. Last year, the State Government had given a bonus of Rs 200 per quintalon Paddy in the Kharif season.
- Paddy in Physical Markets have been trading on a higher side in New Delhi and Madhya Pradesh.
Connect With Us