Emkay
Unseasonal rain and hailstorms in the 2nd week of Feb'18 have affected standing Rabi crops in parts of Maharashtra, Madhya Pradesh, Telangana and Karnataka. The rain has affected standing crops such as Wheat, Maize, Onion, Jowar, Coffee, Green Gram and several horticulture crops like Oranges, Grapes and Banana. Our interactions with several dealers in these regions reveal that the hailstorm may not have any material bearing on the Rabi output. However, it may change the quality of output, which in turn would have an adverse impact on pricing. The standing crops of Masur, which is grown extensively in these regions, is likely to suffer from the hailstorm....
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