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Sep 10, 2019
CHANA/WHEAT/RICE&PADDY/SOYBEAN
Commodity Market
Monitor
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All India Weather Status
Last week all India Rainfall status: 29th August 2019 to 4th September 2019
• Assam, West Bengal, Jharkhand, Uttar Pradesh, Punjab, Himachal Pradesh, Jammu & Kashmir and Tamil
Nadu States received deficit rainfall
• Uttarakhand, Gujarat, Andhra Pradesh and Telangana states received the excess rainfall
• Arunachal Pradesh, Meghalaya, Nagaland, Manipur, Mizoram, Bihar and Haryana state received the large
deficit rainfall
• Rajasthan, Goa, Maharashtra, Karnataka and Kerala states received the large excess rainfall
• Tripura, Sikkim, Odisha, Madhya Pradesh and Chhattisgarh state received the normal rainfall
During the week, rainfall was Above Long Period Average (LPA) by 2% over the country as a whole.
Seasonal all India Rainfall status: 1st June 2019 to 10th September 2019.
• Meghalaya, Nagaland, West Bengal, Jharkhand, Bihar, Uttar Pradesh, Uttarakhand and Haryana states
received the deficit rainfall.
• Rajasthan, Madhya Pradesh, Gujarat, Goa, Maharashtra and Karnataka states received the excess rainfall
• Manipur state received the large deficit rainfall
• Arunachal Pradesh, Assam, Mizoram, Tripura, Sikkim, Punjab, Himachal Pradesh, Jammu & Kashmir,
Odisha, Chhattisgarh, Andhra Pradesh, Telangana Tamil Nadu and Kerala states received Normal rainfall.
For the country as a whole, cumulative rainfall during 1st June 2019 to 10th September 2019 was above LPA by 3% over
the country as a whole.
Weather Forecast:
Heavy to very heavy rainfall likely at isolated places over Madhya Pradesh and Sub-Himalayan West Bengal & Sikkim; Heavy Rainfall at isolated
places over Uttar Pradesh, Bihar, Odisha, Andaman & Nicobar Islands and Assam & Meghalaya during next 2-3 days.
Above normal rainfall activity likely over Western Himalayan Region and Indo Gangetic plains includes Punjab, Haryana, Chandigarh & Delhi, Uttar
Pradesh and Bihar. Above normal rainfall activity is also likely over central parts of the country including Gujarat, Madhya Pradesh, North
Chhattisgarh, Jharkhand, Odisha and Andaman & Nicobar Islands. It is very likely to be normal to below normal over remaining parts of the
country during 12th September to 18th September
All India Reservoir Status: as on 5th September 2019
Central Water Commission is monitoring live storage status of 113 reservoirs of the country on weekly basis and is issuing weekly bulletin on every Thursday. Out of these reservoirs, 41 reservoirs have hydropower benefit with installed capacity of more than 60 MW. The total live storage capacity of these 113 reservoirs is 168.77 BCM which is about 65.46% of the live storage capacity of 257.812 BCM which is estimated to have been created in the country. As per reservoir storage bulletin dated 05.09.2019, live storage available in these reservoirs is 133.588 BCM, which is 79% of total live storage capacity of these reservoirs. However, last year the live storage available in these reservoirs for the corresponding period was 122.024 BCM and the average of last 10 years live storage was 108.901 BCM. Thus, the live storage available in 113 reservoirs as per 05.09.2019 Bulletin is 109% of the live storage of corresponding period of last year and 123% of storage of average of last ten years.
Source: IMD, DAC&FW and CWC
Current Crop Scenario
CORN Sowing of crop has almost completed in major growing states. Crop is 40 to 60 days old and crop is in silking/tassling to cob formation stage. However, early sown crop is dent development stage. Rainfall received during month of Aug`19 was beneficial to crop. However, crop was adversely affected in low laying areas due to heavy rains during 4th week of July`19 to 3rd week of August`19. Pest and disease have been reported on crop but same is below economic level. Overall rest of areas crop condition is normal. Acreage of Corn in the current week is higher than corresponding week of 2018 because of
rainfall received in major growing areas and higher market price realization in last year.
Bajra Crop is 35 to 60 days old and is in tillering to ear initiation stage. However, early sown crop is in initiation of flowering stage. Good rainfall received in monsoon season in major the Bajra crop growing State was beneficial for the crop. However, heavy rains received from 2nd fortnight of July`19 to 2nd fortnight of Aug`19 crop has adversely affected crop in low laying areas due to water stagnation in Rajasthan. Incidence of disease and pest has not been observed in the field till date. Overall crop condition is normal. Acreage of Bajra in the current week is higher than corresponding week of 2018 due to onset of
monsoon and higher market price realization in last year.
COTTON Crop is 105 to 135 days old and is in flowering to boll maturity/ boll opening stage. However, early
sown crop is in ready for picking in Punjab, Haryana and Western Rajasthan. In remaining areas crop
is 55 to 95 days old and is in flowering to boll development stage. Rainfall received during 1st week of
Sep`19 was beneficial to the crop. However, heavy and continuous rainfall received in month of Aug-
19 crop has adversely affected crop in low laying areas due to water stagnation in Gujarat, Madhya
Pradesh and Rajasthan. Incidence of sucking pest is observed in the field but same is under
economic threshold level. Overall crop health is satisfactory.
Acreage of Cotton in the current week is higher than corresponding week of 2018 as a result of
higher realization by farmers during the last three years.
PADDY
Transplanting of Paddy nursery has completed in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh, Odisha, Chhattisgarh, Jharkhand, Telangana and West Bengal. In these states Crop is 35 t0 70 days old and is in tillering to heading/ flowering stage. However, early sown crop is in milking stage. Transplantation is under progress in Bihar, Andhra Pradesh, Karnataka and Tamil Nadu. In these state Paddy transplantation window has almost closed, but transplanting will continue till September/ October except in Bihar. Crop is in establishing to panicle initiation stage. However, early sown crop is in panicle stage. Where the crop was sown through DSR (Direct Seed Rice) method, crop is in heading/flowering stage. Rainfall received during 5th week of August-19 was beneficial to crop. Incidence of disease and pest has been observed in the field and same is under control using pesticides. Overall crop condition is normal Acreage of Paddy in the current week was lower than the corresponding week of 2018 as the
weather was not congenial for transplantation in certain districts of Bihar, Andhra Pradesh,
Karnataka, and Tamil Nadu since June. Farmers prefer cultivation of Paddy because of higher yield
and better realizations in past years.
SOYBEAN
Crop is 35 to 60 days old and is in fourth Trifoliolate to pod formation/pod development stage. However, early sown crop is in pod development/beginning of seed stage. Rainfall received during month of Aug-19 was beneficial for the crop. However, due to continuous wet spell in July`19 and Aug`19 crop was adversely affected in low laying areas due to water stagnation in Rajasthan and Madhya Pradesh. Further, crop has been damaged in water inundation areas due to excess water in cannel or river. Incidence of sucking pest and yellow mosaic virus has been observed in the field. Overall crop condition is below normal to normal. Acreage of Soybean in the current week is higher than corresponding week of 2018 because of
good rainfall received in monsoon season.
• As on 3rd Sept, NAFED holds 20 Lakh MT of Chana stocks. Out of
total Chana stocks 12.30 Lakhs tonnes of Chana is of Rabi 2018
procurement and 7.76 Lakh tonnes of Chana is of 2019
procurement. Higher stocks of Chana with NAFED is putting
downward pressure on the prices.
• Moreover, NAFED has started liquidating Chana in the open
market through tenders which is pushing market downward.
However, government decision to sell Chana at or above MSP is
holding the prices.
• In general, Chana prices firms in the festive season due to good
demand of besan. However, this year demand is lower than
normal due to higher availability of Chana in the market.
• Chana availability in the market is higher as stockiest are selling
their crop. They are expecting that in the coming Rabi season
Chana crop sowing would be higher given the current weather
condition.
• According to the AGMARK data, all India Chana arrivals in 1st
week of September 2019 is 22.89 thousand MT which is around
11.49 per cent higher than last year arrivals of 20.53 thousand MT
in the same time period. Higher arrivals are due to recent increase
in domestic prices.
• According to the fourth advance estimate, India Chana
production of 2018-19 is estimated at 10.13 MMT which is 1 per
cent higher than the third advance estimate of 10.09 MMT. Final
production estimate of 2017-18 is 11.38 MMT. This year production
estimate is lower than last year due to lower sowing acreage.
• According to the latest report of ABARES, Australia chickpea
acreage forecast for 2019-20 is 3.70 lakh hectares which in 22.11
per cent higher than 2018-19 acreage estimate of 3.03 lakh
hectares. Australia chickpea production forecast for 2019-20 is
3.66 lakh tonnes which in 29.78 per cent higher than 2018-19
production estimate of 2.82 lakh tonnes. Average chickpea
production in Australia has decreased due to weaker import
demand from India.
• According to the latest report of Agriculture Department of
Canada, chickpeas production in Canada may decrease in 2019-20
to 2.30 lakh MT which is 26.04 lower than 2018-19 production
estimate of 3.11 lakh MT. For 2019-20, chickpea acreage is
expected to decrease sharply from 2018-19 as a result of the
significantly lower farmgate prices witnessed in the previous
year.
Fundamental Analysis- CHANA
Mandi Price in Rs/ Quintal
Location 09-09-2019 02-09-2019 %Change
Delhi 4270.00 4237.00 0.78
Bikaner 4060.00 3971.00 2.24
Akola 4325.00 4238.00 2.05
FUNDAMENTAL SUMMARY
Price Drivers Impact
Higher stocks of Chana with NAFED
Bearish
Selling of Chana in the open market by NAFED
Bearish
Lower demand of Chana Bearish
Higher availability of Chana in the open market
Bearish
Lower production estimate of Chana in 2018-19
Bullish
Based on Primary & Secondary Sources
3000
3500
4000
4500
5000
5500
6000
De
c-1
7
Jan
-18
Feb
-18
Mar
-18
Ap
r-1
8
May
-18
Jun
-18
Jul-
18
Au
g-1
8
Sep
-18
Oct
-18
No
v-1
8
De
c-1
8
De
c-1
8
Jan
-19
Feb
-19
Mar
-19
Ap
r-1
9
May
-19
Jun
-19
Jul-
19
Au
g-1
9
Sep
-19
Gram - Rajasthani desi
Fundamental Analysis- WHEAT
• In its most recent report released on 29th August 2019, the
International Grains Council (IGC) has forecasted global wheat
production to be 764 million MT for 2019-20 which is 4.06 per
cent higher than 2018-19 global wheat production of 733 million
MT.
• According to the fourth advance production estimate, wheat
production of 2018-19 is estimated at 102.19 MMT which is
around 1 per cent higher than the third advance estimate of
101.20 MMT. Final wheat production estimate of 2017-18 is
99.87 MMT. Higher production estimate is due to higher
sowing acreage of wheat and better yield.
• According to the latest report, FCI had sold 3.37 Lakh MT of
wheat from May to August 2019 through Open Market Sales
Scheme (OMSS). Out of the quantity sold, different state
government agencies bought 2.46 lakh MT and private buyers
bought 0.91 lakh MT. Private buyers are bidding lower amount
as they have bought good amount of wheat in the arrival
season at the lower price than reserve price.
• However, in the coming months private buyers may have to
depend upon the FCI stock as their stocks are diminishing and
sale through OMSS is expected to increase.
• According to the latest report of FCI, the current stock of
wheat as on 1st August 2019 is 435.88 Lakh MT which is 7.47 per
cent higher than the stock of 405.58 Lakh MT in the same time
period last year. Higher stocks are due to good procurement
activities this year and higher carry in stock from last year.
• According to APEDA, wheat exports from April to May 2019 is
reported at 17.625 thousand MT. In 2018-19 financial year wheat
export from India was 2.26 Lakh MT. Exports of wheat are
lower due to disparity with other exporting countries.
• According to the AGMARK data, all India wheat arrivals in first
week of September 2019 is reported at 1.82 lakh MT which is
56.89 per cent higher than the last year arrivals of 1.16 lakh MT
in the same time period. Wheat arrivals in the domestic mandis
is higher this year as compare to last year due to higher
production estimate. Moreover, farmers are selling their crop in
the domestic mandis as they are getting higher prices than MSP
of wheat.
Mandi Price in Rs/ Quintal
Location 09-09-2019 02-09-2019 % Change
Delhi 2128.00 2150.00 -1.02
Indore 2090.00 2102.00 -0.57
Kota 2027.50 2042.60 -0.74
FUNDAMENTAL SUMMARY
Price Drivers Impact
Higher global wheat production estimate for 2019-20
Bearish
Higher domestic production estimate of 2018-19
Bearish
Diminishing stocks with stockiest Bullish
Higher stocks of wheat with FCI Bearish
Lower export demand of wheat Bearish
Based on Primary & Secondary Sources
1500
1600
1700
1800
1900
2000
2100
2200
2300
Jan
-18
Feb
-18
Mar
-18
Ap
r-1
8
May
-18
Jun
-18
Jul-
18
Au
g-1
8
Sep
-18
Oct
-18
No
v-1
8
De
c-1
8
Jan
-19
Jan
-19
Feb
-19
Mar
-19
Ap
r-1
9
May
-19
Jun
-19
Jul-
19
Au
g-1
9
Wheat: Standard mill quality
Fundamental Analysis-RICE&PADDY
Mandi Price in Rs/ Quintal
Location 09-09-2019 02-09-2019 % Change
Nadia (Fine) 3800 3800 0.00
Jorhat (Fine) 3400 3300 3.03
Jambusar (Avg.)
3000 3000 0.00
• As per the Ministry of Agriculture, current Kharif Rice acreage as on
06th September 2019 declined by 3 per cent at 365.69 lakh hectares as compared to 376.18 lakh hectares last year same period.
• Higher acreage under Rice is reported from Madhya Pradesh (3.50 lakh hectares), Telangana (3.49 lakh hectares), Odisha (0.93 lakh hectares), Chhattisgarh (0.84 lakh hectares), Uttar Pradesh (0.77 lakh hectares), Haryana (0.43 lakh hectares), Gujarat (0.39 lakh hectares), Rajasthan (0.29 lakh hectares), Nagaland (0.13 lakh hectares), Kerala (0.11 lakh hectares), Tripura (0.10 lakh hectares) and Goa (0.03 lakh hectares). Lower acreage is reported from Bihar (5.06 lakh hectares), Jharkhand (2.35 lakh hectares), West Bengal (2.07lakh hectares), Karnataka (1.95 lakh hectares), Tamil Nadu (1.07 lakh hectares), Assam (1.00 lakh hectares), Maharashtra (0.97 lakh hectares), Andhra Pradesh (0.96 lakh hectares), Manipur (0.58 lakh hectares), Punjab (0.42 lakh hectares).
• As per the Fourth Advance Crop Estimates 2018-19, production of Kharif Rice during 2018-19 is estimated at 102.13 million tonnes. This is higher than the last year’s production of 97.14 million tonnes. Rabi season Rice production is estimated at 14.29 million tonnes as against 15.62 million tonnes last year. Total Rice production in 2018-19 is estimated at 116.42 million tonnes as against 112.76 million tonnes in 2017-18.
• The Government has increased the MSP of Paddy (common grade) at Rs, 1815 per quintal for 2019-20 as against Rs 1750 per quintal in 2018-19. The grade A variety of Paddy increased to Rs 1835 per quintal from Rs 1770 per quintal in 2018-19.
• Progressive Rice procurement as on 30th August 2019 increased to 440.33 lakh tonnes as against 364.23 lakh tonnes same period last year.
• The central government has set a target of procuring 416 lakh tonnes of Rice for the marketing season (October-September) of 2019-20.
• Madhya Pradesh government will begin registration of farmers for paddy and coarse grains (Jowar, Bajra) procurement in the State at minimum support price (MSP) from 16th September. The registration process will close on 16th October.
• According to the August report released by International Grains Council (IGC), the production of Rice in the world is estimated to be 501 million tonnes the world will be trading 460 million tonnes of rice this year after consuming 496 million tonnes.
• India’s 5 per cent broken parboiled variety was quoted at $374-$378 per tonne. Thailand’s 5 per cent broken rice prices were quoted at $410-$430 per tonne while Vietnam’s 5 per cent broken rice remained at $335-$340 per tonnes.
FUNDAMENTAL SUMMARY
Price Drivers Impact
Kharif Rice acreage declined by 3 per cent at 365.69 lakh hectares
Bullish
Higher Minimum Support Price of Paddy in 2019-20 season
Bullish
Kharif Rice production estimated higher at 102.13 million tonnes
Bearish
Rice procurement increased to 440.33 lakh tonnes
Bearish
Higher Global Rice production estimates by IGC
Bearish
Weakness in Global markets Bearish
Based on Primary & Secondary Sources
3,4003,5003,6003,7003,8003,9004,0004,1004,200
Rice (Fine): Nadia (Rs./Quintal)
Fundamental Analysis- SOYBEAN
FUNDAMENTAL SUMMARY
Price Drivers Impact
Farmers and traders holding on stocks expecting a rise in prices
Bullish
Higher Soybean acreage at 112.71 lakh hectares against last year
Bearish
Soybean production estimated higher at 137.86 lakh tonnes
Bearish
Higher Minimum Support Price of Soybean fixed for 2019-20 season
Bullish
Decline in Soy meal exports during current season
Bearish
China importing Soy meal livestock feed from Argentina
Bearish
Based on Primary & Secondary Sources
Mandi Price in Rs/ Quintal
LOCATION 09-09-2019 02-09-2019 %
Change
Indore 3802 3819 -0.45
Akola 3750 3750 0.00
Nagpur 3838 3850 -0.31
• Due to steady demand against sufficient supplies Soybean prices
traded steady in most of the spot markets across the country. As per
trade sources, supplies have slightly declined as farmers and traders
are holding on the stocks in expectation of rise in prices in coming
weeks.
• The current Kharif Oilseed acreage as on 06th September 2019 stood
173.34 lakh hectares as against 173.55 lakh hectares last year same
period. Soybean acreage is reported at 112.71 lakh hectares as
compared to 111.79 lakh hectares last year same period.
• Higher Soybean acreage is reported from Madhya Pradesh with 54.77
lakh hectares, Maharashtra 39.46 lakh hectares, Rajasthan 10.60 lakh
hectares, Karnataka 3.18 lakh hectares and Telangana the acreage
was at 1.72 lakh hectares.
• As per the Fourth advance crop estimates 2018-19 of Ministry of
Agriculture, Soybean production is estimated at 137.86 lakh tonnes as
against 109.33 lakh tonnes in 2017-18.
• The Ministry of Agriculture has fixed higher Minimum Support Price
of Soybean (Yellow) at Rs 3710 per quintal for 2019-20 an increase of
Rs 311 from Rs. 3399 per quintal in 2018-19.
• The country's Oil meal exports declined by 73 per cent to 98,871
tonnes in August from 359,752 tonnes during the same month a year
ago. The Oil meal export in July was 166,301 tonnes. Overall export of
oil meals during April-August 2019, reported at 1,016,682 tonnes,
down 23 per cent from 1,326,626 tonnes in April-August 2018, as per
Solvent Extractors' Association of India (SEA). In the five months of
this fiscal, soybean meal exports dropped to 265,409 tonnes from
371,769 tonnes in the year-ago period.
• China's soybean imports were at 9.48 million tonnes in August, up 9.7
per cent from 8.64 million tonnes in July and also ahead of 9.15
million tonnes during the same month last year according to data
from the China's General Administration of Customs. China bought
56.31 million tonnes of soybeans in the first eight months of the year,
down 9.2 per cent from last year.
• China will allow the import of soymeal livestock feed from Argentina
for the first time under a deal announced by Buenos Aires.
2,750
2,950
3,150
3,350
3,550
3,750
3,950
4,150
10
-Se
p-1
8
10
-Oct
-18
10-Nov-…
10
-De
c-1
8
10
-Jan
-19
10
-Fe
b-1
9
10-M
ar-…
10
-Ap
r-1
9
10-M
ay-…
10
-Ju
n-1
9
10
-Ju
l-1
9
10-Aug-…
10
-Se
p-1
9
Soybean Indore (Rs./Quintal)
Sugar industry gets Rs 6,268-crore export
subsidy
Post drought like conditions cause lower
cane production
Kharif production to decline in 2019, post 3
years of record high production
Sugarcane, cotton, apple crops hit by late
rainfall pan-India
Rice-wheat at new high, Food grains output
falls short of target
Cotton futures on firm note may come
under pressure as fresh supply begins
Government to prepare roadmap for
distribution of fortified rice
Palm oil hits fresh 6-month high on lower
output forecast
Govt recommends 5% import tax hike on
refined palm oil from Malaysia
To purchase the India Commodity Year
Book 2019, contact us at
The Week That Was!
MINIMUM SUPPORT PRICE (Rs/Qtl.)
Commodity 2018-19 2019-20
KHARIF **NEW**
Paddy Common 1750 1815
paddy grade A 1770 1835
Jowar Hybrid 2430 2550
Jowar Maldandi 2450 2570
Bajra 1950 2000
Ragi 2897 3150
Maize 1700 1760
Tur/Arhar 5675 5800
Moong 6975 7050
Urad 5600 5700
Groundnut 4890 5090
Sunflower seed 5388 5650
Soybean Yellow 3399 3710
Sesame 6249 6485
Niger seed 5877 5940
Cotton (Medium Staple) 5150 5255
Cotton (Long Staple) 5450 5550
RABI
Commodity 2017-18 2018-19
Wheat 1735 1840
Barley 1410 1440
Gram 4400 4620
Masur (Lentil) 4250 4475
Rapeseed/Mustard 4000 4200
Safflower 4100 4945
*includes bonus of Rs 200 per quintal
# includes bonus of Rs 100 per quintal
Commodity Latest Fortnight ago
Month ago
Year ago
9-Sep-19 26-Aug-19 12-Aug-19 10-Sep-18
Wheat 2090 2110 2113 2025
Chana 4060 4080 4238 3985
Rice/Paddy 3300 3600 3450 3500
Tur 4900 5500 5550 3650
Maize 2128 2195 2150 1328
Turmeric 6576 6672 6803 6931
Official Production Estimates
Third advance estimates 2018-19& previous years’ estimates: Fourth Advance Estimates 2017-18 Link for commodity-wise and market-
wise prices and arrivals:
http://agmarknet.gov.in/PriceAndArrival
s/CommodityWiseDailyReport2.aspx
PRICE TRACKER
Crop Division Preliminary report on area coverage under Kharif crops as on 06-09-2019
Area : In lakh hectare
S. No
Crop Normal Area
(DES)
Normal of corresponding
week
Area sown Increase (+)/Decrease (-)
over
2019 2018 Normal of
Corresponding week
2018
1 Rice 396.25 372.28 365.69 376.18 -6.59 -10.48
2 Pulses 119.89 123.06 130.04 132.63 6.98 -2.59
a Arhar 43 42.98 44.95 44.76 1.96 0.19
b Urad bean 30.77 33.74 37.52 38.18 3.78 -0.67
c Moong bean 27.5 29.18 30.48 33.73 1.3 -3.25
d Kulthi 2.19 0.6 0.45 0.49 -0.16 -0.04
e Other pulses 16.44 16.55 16.65 15.46 0.1 1.18
3 Coarse cereals 188.39 176.84 175.27 172.5 -1.57 2.77
a Jowar 21.61 18.39 16.4 17.49 -1.99 -1.09
b Bajra 74.39 66.91 65.62 65.02 -1.29 0.6
c Ragi 11.53 9.5 9.08 7.67 -0.42 1.41
d Small millets 6.18 4.9 4.52 4.59 -0.38 -0.07
e Maize 74.68 77.14 79.64 77.73 2.5 1.91
4 Oil seed 181.96 177.08 173.34 173.55 -3.74 -0.2
a Groundnut 42.44 39.93 37.51 39.68 -2.42 -2.18
b Soybean 111.49 111.24 112.71 111.79 1.47 0.92
c Sunflower 1.84 1.42 0.99 1.08 -0.43 -0.09
d Sesamum 14.13 14.97 13.12 13.69 -1.85 -0.57
e Niger 2.41 1.37 1.39 0.84 0.01 0.54
f Castor 9.66 8.16 7.64 6.46 -0.53 1.17
5 Sugarcane 48.32 50.19 52.45 55.51 2.26 -3.06
6 Jute & Mesta 7.87 7.39 6.84 7.2 -0.55 -0.37
7 Cotton 120.93 115.73 125.86 118.1 10.12 7.76
TOTAL 1063.61 1022.58 1029.5 1035.66 6.91 -6.17
1 What is government 4th estimate of mustard seed?
9.3 MMT
2 As per the 4th Advance Estimates released by Ministry of Agriculture, Cotton production for 2018-19 is estimated at ………. lakh tonnes.
287.08
3 How much is the September monthly Sugar sale quota fixed by the Centre?
19.5 Lakh Tonnes
AGCON QUIZ ANSWERS OF THE PREVIOUS WEEK
THESE PEOPLE ANSWERED CORRECTLY!
S.no Name Department Location
1 Mr. Kuldip Singh Silo Projects Gurugram
2 Mr. Basant Vaid SCM Gurugram
3 Ms. Ritu Sangawat SCM Gurugram
4 Mr. Praveen Kumar Mundra S&P Ellenabad
5 Mr. Javeed M S&P Davanagere
6 Mr. K B NAGARAJA S&P DAVANGERE
7 Ms. Sarita Mittal SCM Gurgaon
8 Mr. Babloo Kumar CM Gurgaon
9 Mr. VINOD MAURYA CM Gurgaon
10 Mr. Ajendra Singh Chauhan Mktyard Gurgaon
11 Mr. Nitin Kumar Soni CM Gurgaon
12 Mr. JITENDRA KUMAR RAIDAS Others BILASPUR C.G
13 Mr. Shanmukha k r CM Davanagere
14 Mr. Vineet Poonia S&P Ellenabad
15 Mr. Kulvinder Singh S&P Ellenabad
16 Mr. G suresh T&C chennai
17 Mr. VIVEK H U CM DAVANGERE
18 Mr. Nirbhay S&P Ellenabad
19 Mr. Satpal S&P Ellenabad
20 Mr. Ravi Pratap Singh Others Haryana
21 Mr. Shivjot Singh Dhillon CM Sirsa
Advisory Team
Nalin Rawal Head [email protected]
Sreedhar Nandam Vice President [email protected]
S. Anisul Hassan Head - Business Development [email protected]
Research Team
Ankur Gupta Data Scientist [email protected]
Mukesh Upamanyu Agri Analyst [email protected]
Suresh Solanki Assistant Manager [email protected]
Akash Jaiswal Research Analyst [email protected]
Ratanpriya Assistant Manager [email protected]
Bhaskar M Quality Officer [email protected]
Shefali Jain Operation Executive [email protected]
Surbhi Taneja Operation Executive [email protected]
Rajiv Kumar Associate [email protected]
Mr. K B NAGARAJA
S&P
CONGRATULATIONS!
Name of the lucky winner
Disclaimer:
This consultancy report has been prepared by NCML AGRI BUSINESS CONSULTANTS PRIVATE LIMITED for the sole benefit of the
addressee. Neither the report nor any part of the report shall be provided to third parties without the written consent of AGCON. Any
third party in possession of the report may not rely on its conclusions without the written consent of AGCON. AGCON has exercised
reasonable care and skill in preparation of this consultancy report but has not independently verified information provided by others.
No other warranty, express or implied, is made in relation to this report. Therefore, AGCON assumes no liability for any loss resulting
from errors, omissions or misrepresentations made by others. Any recommendations, opinions and findings stated in this report are
based on circumstances and facts as they existed at the time of preparation of this report. Any change in circumstances and facts on
which this report is based may adversely affect any recommendations, opinions or findings contained in this report.
© NCML AGRI BUSINESS CONSULTANTS PRIVATE LIMITED (AGCON) 2019
