Expect Rabi output to be higher

India restricted the damage to Kharif output and expects the Rabi output to be higher than last year. India is already battling with high food inflation and the higher rabi output is expected to reduce food inflation.

The Wheat output for 2009-10 will be almost equal and pulses slightly higher than last year.

The Output of Kharif rice lower by 12 million tonnes but Rabi rice higher than last year. The Output of oilseeds, coarse cereals and sugarcane will be lower. The Government's wheat and rice stocks are expected to be comfortable.

Source : Equity Bulls

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