As per reports, Rice prices have soared around 28% since November 2016 to January end in North Indian states on quality concern for kharif crops and low rabi sowing. This year Rabi rice sowing is down by more than 11% than the same time of last year. As on February 3’ 2017 Rabi Rice has been sown in an area of 25.64 lakh hectares as compared to 29.03 lakh hectares sown at the same time last year.
Information source: www.skymetweather.com
