Farmers intend to plant 4.47 million hectares of summer grains and oilseeds in the season, up by 1% year-on-year. (File photo)
Agricultural analysts typically use three indicators to gauge the next season’s prospects when no other data provides valuable guidance.
They look at the weather outlook and commodity prices, which influence farmers’ decisions about how much area they can plant. For example, higher prices are always an incentive, especially when the weather is…
