Most Indian kharif crop prices stay above MSP
In short
Prices of most Indian kharif crops are above the minimum support price. BusinessLine said El Nino-linked drought during the South-West Monsoon and untimely rain later hurt crop yields.
The brief links the weather damage to tighter supply in India.
What the reporting says
Prices of most Indian kharif crops are ruling above the minimum support price, with weather affecting production. BusinessLine said El Nino-induced drought during the South-West Monsoon and untimely rain thereafter have hurt crop yields. The report links the price strength to tighter output, affecting crop markets across India.
Why it matters
Prices of most Indian kharif crops are ruling above the minimum support price, according to BusinessLine. The report says El Nino-induced drought during the South-West Monsoon and untimely rain thereafter affected crop yields.