Castor Market Report June 2022
The harvest for Castor is over in India and the monsoon has started. The first rainfalls were a bid earlier than normal in the south of India. We have to keep in mind that a normal monsoon is expected for 2022. In the coming 16 weeks the amount of rainfall and the distribution of the rain within India will have a big impact on the planting decisions of farmers. The Minimum Support Prices for crops and oils seeds are so far not published for the coming Kharif Crop. So farmers will wait with their planting decisions. Anyhow most Castor is normally planted in August, so we have to be patient before we will see a trend for the next season.
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