# Low crop prices, supply glut: More trouble for debt-ridden farmers despite prospects of bountiful monsoon – Firstpost

> Bountiful monsoon rains are unlikely to lift India's rural economy, as farmers face low prices amid a glut of lentils, oilseeds and cereals. Police shot dead five protesting farmers in Madhya Pradesh this week, and unrest is spreading in BJP-ruled states.

- Date: 2017-06-09 · published 2017-06-09T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/70445-low-crop-prices-supply-glut-more-trouble-for-debt-ridden-farmers-despite
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A second large harvest would deepen the domestic surplus and keep Indian oilseed, grain and pulse prices under pressure, which matters for global feed ingredient supply.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- firstpost.com: https://www.firstpost.com/business/low-crop-prices-supply-glut-more-trouble-awaits-debt-ridden-farmers-despite-prospects-of-bountiful-monsoon-3536087.html

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