# A year of woes for farmers despite good monsoon - The HinduBusinessLine

> The HinduBusinessLine reports that heavy rains in late 2019 damaged 6.4 million hectares across 12 states, according to a Lok Sabha report. Analysts estimate kharif output could fall 4-6%, and rabi output was below expectations apart from wheat and mustard. Farm exports also declined.

- Date: 2019-12-24 · published 2019-12-24T12:00:00.000Z
- Category: weather · region India · magnitude low
- Page: https://feedsoft.ai/events/55560-a-year-of-woes-for-farmers-despite-good-monsoon-the-hindubusinessline
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Crop losses and lower farm exports tighten Indian grain supply, a modest bullish factor for domestic and regional grain prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-04-09 | [Eyes glued to Pacific, for monsoon clues - The HinduBusinessLine](https://feedsoft.ai/events/71434-eyes-glued-to-pacific-for-monsoon-clues-the-hindubusinessline.md) | -1.3% | -5.2% |
| RICE | 2023-07-18 | [Why Indian farmers worry despite 'average' monsoon rains](https://feedsoft.ai/events/5099-why-indian-farmers-worry-despite-average-monsoon-rains.md) | +5.4% | +1.8% |
| RICE | 2026-06-02 | [India cuts foodgrains output target amid below normal monsoon forecast - The HinduBusinessLine](https://feedsoft.ai/events/18741-india-cuts-foodgrains-output-target-amid-below-normal-monsoon-forecast-the.md) | -0.2% | +2.6% |
| RICE | 2021-06-01 | [Kharif outlook: How monsoon is linked to agri, economic development - The HinduBusinessLine](https://feedsoft.ai/events/46518-kharif-outlook-how-monsoon-is-linked-to-agri-economic-development-the.md) | -0.2% | -1.1% |
| RICE | 2023-03-10 | [Shadow of El Nino over growth - The HinduBusinessLine](https://feedsoft.ai/events/36764-shadow-of-el-nino-over-growth-the-hindubusinessline.md) | +8.0% | +3.9% |
| WHEAT | 2020-09-11 | [La Nina may disrupt global food supply  - The HinduBusinessLine](https://feedsoft.ai/events/51042-la-nina-may-disrupt-global-food-supply-the-hindubusinessline.md) | +0.7% | +7.9% |
| WHEAT | 2019-10-11 | [Why strong monsoon rains are not necessarily good news for Indian farmers](https://feedsoft.ai/events/56514-why-strong-monsoon-rains-are-not-necessarily-good-news-for-indian-farmers.md) | +4.8% | +2.1% |
| WHEAT | 2021-01-04 | [La Nina to take hold of agri markets in 2021  - The HinduBusinessLine](https://feedsoft.ai/events/5000-la-nina-to-take-hold-of-agri-markets-in-2021-the-hindubusinessline.md) | +4.0% | +11.0% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/a-year-of-woes-for-farmersdespite-good-monsoon/article30390591.ece

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