Reported 5 months ago
India has reiterated its prediction of an above-normal monsoon, crucial for the country's agriculture that heavily relies on rain for irrigation. The forecast of 106% of the long-term average rainfall from June to September is expected to boost crops like rice, soybeans, and cotton. This forecast brings hope for improved farming conditions and potential easing of export restrictions on key agricultural products like wheat and rice. The outlook is significant for farmers, especially after India faced a weak monsoon in 2023, and it is anticipated that water levels in major reservoirs will rise, benefiting winter plantings.
Source: YAHOO