According to the latest report issued by
the US Ministry of Agriculture, the rainfall of the monsoon in India has hit
the minimum level since 2002, which has significantly influence on the agricultural
products in India.
According to the US
Ministry of Agriculture, the rainfalls in most areas of India have reduced by
20%. In June and July, some areas have witnessed rainfalls and the soybeans
could be sowed. In this month, the US Ministry of Agriculture has reduced the
Indian peanut output data to 5200000 tons, which is the lowest level in the
past 24 years, compared to the 6.8 millions in the previous month and the
actual output of 6.25 million tons in the previous year.