India, a top producer and consumer of wheat, rice, sugar and lentils, is likely to harvest record food grain in 2011/12 following normal monsoon rains this year.
SUGAR
India, the world's top sugar consumer and the biggest producer behind Brazil, is expected to churn out more than 26 million tonnes in the 2011/12 year that began on Oct.1. The domestic requirement is of about 22-23 million tonnes. the country could export 3-4 million tonnes this year compared to about 2.6 million tonnes a year ago. India is a key supplier of white sugar to Asian and African buyers.
RICE
Rice is the main food grain in India. The world's second biggest producer is aiming a record 102 million tonnes output against a local demand of about 90 million tonnes. Output from the summer-sown crop is estimated at 87.1 million tonnes. India produces various varieties of rice, but the grain is broadly divided into premium basmati and common non-basmati rice. India exports basmati rice to the Middle East and Europe, while African and Asian countries are key buyers of its non-basmati rice.
WHEAT
India, the world's second-biggest producer and consumer of the grain, expects a record harvest of 86 million tonnes in 2012, about 10 million tonnes more than the domestic demand. This means there is enough left for exports. In the current year the country exports 2 million tonnes after harvesting a record crop of 85.93 million tonnes. Bangladesh is a key buyer along with other Asian and African countries.
CORN
India, Asia's second-largest grower of corn, generally sells around 2-3 million tonnes a year. It's summer-sown corn production is likely to fall by nearly 3 percent to 15.86 million tonnes in 2011/12, but exports are likely to remain steady at around 3 million tonnes.
COTTON
The world's second biggest producer and exporters of the fibre is likely to produce a record 35.5 million bales (each of 170 kg) in the crop year that began in October, higher than 32.5 million bales produced a year ago. The country's export potential is pegged at 7 million bales, unchanged from the last year. India is a key supplier of the fibre
COFFEE
The state-run Coffee Board has forecast an output of 322,250 tonnes for 2011/12 ending September, up 6.7 percent on the year. India is the world's fifth-biggest producer of coffee but accounts for only 4.5 percent of global output. The country's exports stood at 358,278 tonnes in the year ended Sept. 30.
RUBBER
The world's fourth biggest producer of natural rubber is likely to produce a record 902,000 tonnes for the year ending March on the back good monsoon rains, compared to 861,950 tonnes a year ago. Despite a record output the country will import as the demand is estimated at one million tonnes.
TEA
India, the world's second-biggest tea producer, is likely to harvest a record crop of more than 1,000 million kilograms in 2011 calendar year, compared to 966 million kilograms in 2010. India exports CTC (crush, tear, curl) tea variety mainly to Egypt, Pakistan and Britain, and premium orthodox variety to Iraq, Iran and Russia.
0 comments:
Post a Comment