Indian Agricultural Commodity farmers are attracted to sow cash crops like Cumin Seeds, Fennel Seeds, Fenugreek Seeds, Coriander Seeds and Mustard Seeds in very large acreage because these Rabi crops fetched very good prices last year to farmers but looking to the world wide “climate change” effects India has not escaped from this and climate change effects have started now. India is experiencing summer instead of winter season at moment which will have adverse effects on above cash crops
Following factors will play a very important role in deciding future prices trends
- Cumin Seeds, Fennel Seeds, Coriander Seeds, Mustard Seeds, Fenugreek Seeds sowing completed and is estimated 1.25 times more than compared to last year and if climate remains same as stated above the expected yield will be much lower which will cause fluctuation in prices
- At the same time carry forward stocks are very less with International and Domestic stockists and most of the carry forward stocks is of rain damaged quality which will play a very important role in deciding future price trends
- Syria and Turkey are facing internal political unrest which has effected their ability to grow cumin seeds and for more two years they may not be able to grow cumin seeds
- If current climate in India remains favorable for Cumin Seeds and other Cash Crops then expected yield will be very good in terms of quality and quantity
Conclusion: The future looks very uncertain so it is advised to trade with caution
Summary
Article Name
Effect of Global Climate Change on Indian Rabi Crops 2016
Description
Indian Agricultural Commodity farmers are attracted to sow cash crops like Cumin Seeds, Fennel Seeds, Fenugreek Seeds, Coriander Seeds and Mustard Seeds in very large acreage because these Rabi crops fetched very good prices last year to farmers but looking to the world wide "climate change" effects India has not escaped from this and climate change effects have started now. India is experiencing summer instead of winter season at moment which will have adverse effects on above cash crops
Author
Virdhara International