Commodity Talk: El Nino impact on crop production not to be material, says Sunil Damania of MarketsMojo

The impact of El Nino is proportional to its severity. This time, we anticipate a weak El Nino as opposed to a strong El Nino, a similar scenario in 2014 and 2018. In both years, India’s staple grain production was unaffected. We do not believe we should be unduly concerned about crop production at this time.

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