Groundnut output may fall 40% this year

MTECHTIPS

Groundnut output may fall 40% this year

Deficient rainfall in the key groundnut growing areas of Gujarat during the kharif sowing period seems to have taken a toll on the output of the oilseed. Experts indicate an overall decline of up to 40 per cent in the country, down from 4.17 million tonnes (in shells) estimated in the 2011-12 kharif season to around 2.5 mt in the season of 2012-13.In a recent report by the Solvent Extractors’ Association of India (SEA), groundnut production in Gujarat has been pegged at only 695,000 tonnes in FY13, as compared to 17,35,000 tonnes in 2011-12, a dip of nearly 60 per cent in the state.

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