STAT Communications Ag Market News

Cyclone Phailin Creates To Damage Crops

VANCOUVER - Oct 12/13 - SNS -- Logistical short covering provided support for green and yellow peas on both grower and inter-dealer markets in Canada during the past week.

Market sentiment was also bolstered by fears the slow withdrawal of the monsoon from the India and this weekend's cyclone will cause significant damage to kharif season pulse crops.

Cyclone Pahilin made landfall in India on Saturday with sustained winds of 200 to 210 kilometers per hour off coastal districts of north coastal Andhra Pradesh and south Odisha. Extremely heavy rainfall is expected over these areas for about 48 hours.

Significant damage to kutcha houses is expected, as well as some damage to old buildings. In Odisha and north Andhra Pradesh, extensive damage to agricultural crops is expected.

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