# Agriculture: Monsoon is drawing to a close. Will the Gods show mercy on India's rain deficit

> India's monsoon ended August with a 9.1% rainfall deficit, and September is expected to remain below normal, which would classify the season as drought. The August deficit of 24.1% was the second poorest since 1951. Drought-like conditions affect about a third of India, though the government expects limited food inflation impact.

- Date: 2021-09-07 · published 2021-09-07T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/45023-agriculture-monsoon-is-drawing-to-a-close-will-the-gods-show-mercy-on-india-s
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A deficient monsoon threatens kharif crops such as rice, pulses and oilseeds, which could tighten Indian supply and lift import demand.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-08-14 | [What The Current Late Monsoon Rainfalls Mean For India’s Agriculture](https://feedsoft.ai/events/57554-what-the-current-late-monsoon-rainfalls-mean-for-india-s-agriculture.md) | -4.1% | +3.4% |
| RICE | 2023-07-25 | [How a warming Pacific Ocean and climate change will impact agriculture \| Nature India](https://feedsoft.ai/events/34964-how-a-warming-pacific-ocean-and-climate-change-will-impact-agriculture-nature.md) | -4.5% | -4.2% |
| RICE | 2017-05-08 | [Agriculture minister to CMs: ‘Review measures to handle possible monsoon failure’ \| India.com](https://feedsoft.ai/events/70986-agriculture-minister-to-cms-review-measures-to-handle-possible-monsoon-failure.md) | +6.3% | +14.8% |
| RICE | 2018-07-17 | [Cloudy outlook: Rice-growing states face big rain deficit - India News \| The Financial Express](https://feedsoft.ai/events/63992-cloudy-outlook-rice-growing-states-face-big-rain-deficit-india-news-the.md) | -0.5% | -14.4% |
| RICE | 2018-08-01 | [India's monsoon rain forecast cut, farm output seen at risk \| The Star](https://feedsoft.ai/events/63497-india-s-monsoon-rain-forecast-cut-farm-output-seen-at-risk-the-star.md) | -8.4% | -11.1% |
| SBM | 2020-11-30 | [Rainfall Deficit in Brazil Continues to Be a Major Concern](https://feedsoft.ai/events/50004-rainfall-deficit-in-brazil-continues-to-be-a-major-concern.md) | -2.4% | +4.2% |
| SBM | 2023-12-22 | [Grains respond to continued hot, dry weather in Brazil - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11282-grains-respond-to-continued-hot-dry-weather-in-brazil-agweek-1-source-for.md) | -1.9% | -7.5% |
| SBM | 2023-08-28 | [India on track for lowest monsoon rains in 8 years -sources](https://feedsoft.ai/events/34477-india-on-track-for-lowest-monsoon-rains-in-8-years-sources.md) | -1.5% | -7.0% |

## Sources

- forbesindia.com: https://www.forbesindia.com/article/special/monsoon-is-drawing-to-a-close-will-the-gods-show-mercy-on-indias-rain-deficit/70269/1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.