India’s Monsoon Reaches 4-Year Peak, Bolstering Agriculture

India’s monsoon brought its highest rainfall in four years, with above-average precipitation, aiding recovery from last year’s drought. This vital annual event provides nearly 70% of India’s water needs for agriculture, reservoirs, and aquifers. The India Meteorological Department (IMD) reported that rainfall between June and September reached 107.6% of the long-term average, surpassing expectations and bringing relief to the nation’s agricultural sector.

September saw 11.6% more rainfall than average, following increases of 9% in July and 15.3% in August. The delayed monsoon withdrawal contributed to these higher-than-usual September rains, impacting some summer crops in certain regions. While excessive rainfall damaged crops like rice, cotton, soybean, corn, and pulses in some areas, it also increased soil moisture, benefiting the planting of winter crops such as wheat, rapeseed, and chickpeas.

The robust monsoon season has revitalized India’s agricultural sector and water resources, promising a more stable food supply for the coming year. Additionally, the Indian government has eased some trade restrictions, reflecting their confidence in the upcoming harvest and increased stocks in state warehouses.