2018

Oct 05 Mumbai

Webinar: Agriculture - Whither farm incomes?


Summary

 

India, the second-largest food producer in the world, appears poised for another good year of production as several tailwinds converge.

 

Sowing for kharif crop, which is entering its last leg, gathered pace in August helped by the monsoon’s progress, and had marginally surpassed last year's levels as of September 7, 2018.

 

However, subdued agriculture commodity prices remain a concern for farmers.

 

For crop marketed between January and December 2017, the falling market prices of key MSP-linked crops had led to a 12% drop in average per-hectare profitability. The dip steepened to 25% on-year for key rabi crops marketed in 2018 - wheat, gram, and rapeseed and mustard.

 

The recent hike in MSPs on 14 kharif crops to at least 1.5 times the cost of production was a major step. Nine crops witnessed a hike of more than 15% and the weighted average increase was ~13%. Yet, it has barely enthused mandi prices.

 

Therefore, what’s moot is, will the raft of positives lift farm incomes in 2018?

 

The talking points include:

  • How have rains this year fared in terms of distribution
  • How crop profitability and mandi prices are trending for major crops
  • How farm profitability will vary by state
  • The impact of government measures on farm incomes

Dial in to CRISIL Research's webinar for insights. The presentation will be followed by a panel discussion which will be moderated by DK Joshi, Chief Economist, CRISIL and a Q&A session.

 

Dial-in Numbers for Audio

  • India Toll Free Number
    1800 120 1221 | 1 800 266 1221

    Local Access (Available all over India)
    +91-7045671221

    Universal Access
    +91 22 7115 8056 | +91 22 6280 1155

     

  • International Toll Free Numbers
    United States: 1 866 746 2133
    United Kingdom: 0 808 101 1573
    Singapore: 800 101 2045



 

 

For any assistance/ query, please call: Jeemit Shah | +91 22 3342 3275 | Jeemit.shah@crisil.com