Scanty rains diminish India's sugar output, export prospects

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Scanty rains diminish India's sugar output, export prospects
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Sugarcane growers in India's top producing states are worried scanty rainfall during the crop's crucial growth period could trim yields and reduce sugar output in the upcoming season, farmers and industry sources told Reuters.

Lower sugar production in Maharashtra and Karnataka, which together account for more than half of India's total output, would reduce exports from the world's second-biggest producer of the sweetener and support global prices , trading near multi-year highs.

In neighbouring Karnataka, the third-biggest sugar producer, rainfall deficit is as high as 55% in cane-growing districts.due to lower rainfall in June-July, and the same weather pattern is prevailing this year as well, said Shrikant Ingale, a farmer from Solapur district in Maharashtra. "Instead, there will be a drop in production in the upcoming season. The quantum of the drop depends on how much rainfall we receive in the next few months," Thombare said.

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