New Delhi: India raised the cane support price by 7.1% on Friday to entice farmers to plant the crop in more areas, but traders and analysts said output would depend on adequate monsoon rains in key states.
The Centre for Monitoring Indian Economy (CMIE) has made what sounds to me like a realistic forecast of crop production. Also, the Fourth Advance estimates have just been released (I will post them here as soon as I can). This is the PTI report which quotes CMIE:
