Daily Agri Insight 4-June 2009

Research report by 'Ventura Securities Ltd'
     
fiogf49gjkf0d
There is news that there is an estimate of a 10 percent drop in acreage in the upcoming sowing season as farmers may shift to more profitable crop such as cotton in some growing areas. Sowing progress will decide the course of guar futures.

Despite an early beginning, Indian monsoon may progress slowly during the June-September period, a senior weather official said. Monsoon failed to progress further for last couple of days and it may affect the sowing.

Rajasthan's guar acreage is likely to fall 9.74 percent in 2009/10 crop year. Guar acreage is seen at 2.5 million hectares this year down from 2.77 million hectares last year. Rajasthan accounts for 70 percent of country's guar output.

   
Other Research Reports may be of interest
UPDATED SILVER REPORT 12052011    Source: Kedia Stocks and Commodities
Buy MSP Steel and Power Ltd    Source: A C Choksi Share Brokers Private Limited
COPPER REPORT 10052011    Source: Kedia Stocks and Commodities
SILVER REPORT 10052011    Source: Kedia Stocks and Commodities
WEEKLY METAL REPORT FOR 09-13 MAY    Source: Kedia Stocks and Commodities
Copper Outlook 2011    Source: A C Choksi Share Brokers Private Limited
SILVER REPORT 29042011    Source: Kedia Stocks and Commodities
Buy MOIL with target of Rs 448    Source: A C Choksi Share Brokers Private Limited
LEAD REPORT 25032011    Source: Kedia Stocks and Commodities
CRUDE REPORT 18032011    Source: Kedia Stocks and Commodities
More Research Reports from Ventura Securities L..