Indian Oilseeds and Produce Export Promotion Council (IOPEPC) has forecasted a bumper groundnut crop in Kharif 2013.
During their Annual Trade meet held in Hyderabad, IOPEPC, which comes under the Ministry of Commerce, announced that groundnut production during Kharif 2013 is estimated to be 49.16 lakh tonnes in five major states of Gujarat, Rajasthan, Andhra Pradesh, Karnataka and Tamil Nadu which account for close to 90 per cent of total groundnuts produced in India.
This is higher by 21.03 lakh tonnes as compared to Kharif 2012, when the crop was only 28.12 lakh tonnes in these states, owing to monsoon failure. The final crop estimates will be released after crop cutting experiment in December 2013.
Groundnut exports during 2013-14 are expected to be about 6 lakh tonnes. Sesame seed exports this year may be lower because of extensive damage to crop caused by heavy rains during extended monsoon in major sesame growing areas.
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