Prices of Guar seed futures is expected to shoot up to as much as Rs 4,600 on NCDEX, supported by projections of a weak monsoon and spike in global crude oil prices, IndiaNivesh said in a research report. Guar seed is one of the major Kharif commercial crops of Rajasthan. The state contributes around 80% to the total domestic crop. Guar seed and its derivatives - Guar gum is mainly used in oil exploration industries. Recently, Skymet Weather Services, an Indian private company, predicted that there is a 55% of chance for below average monsoon this year, particularly in during the time (June-September) when Kharif crops are sown. “Below normal rain during sowing months of June-July could affect sowing of Guar seed this year and lower acreage will support commodity prices,” IndiaNivesh director Manoj Kumar Jain said in the note. “In our view, lower rainfall and increased demand of Guar gum will support Guar seed prices in coming days. Guar seed could test Rs.4, 60...
This blog will provide you every aspect of agriculture with special stress on SEED INDUSTRY, HYBRID SEEDS, ORGANIC FARMING, SEED TECHNOLOGY (TERMINATOR SEED TECHNOLOGY etc.), BT TECHNOLOGY and everything latest happening in the field of SEED INDUSTRY. This blog will also help you for establishment of SEED PRODUCTION PLANT IN INDIA and with your COLLEGE PROJECTS based on SEED TECHNOLOGY and AGRICULTURE.