The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to if you face any technical difficulties when posting
Display results as :
Advanced Search
Latest topics
HAYC - HaycarbToday at 9:58 amsubash
Plantation Sector UpdatesTue Oct 20, 2020 3:11 pmslstock
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
අනං මනං! #/+?.<>Tue Aug 18, 2020 11:15 pmYin-Yang
Dividend AnnouncementsMon Aug 17, 2020 1:27 pmRana
Ceylon Tobacco CTCSun Aug 16, 2020 5:11 pmThe Invisible
Sunshine HoldingsFri Aug 14, 2020 9:39 pmThe Invisible

Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
Top contributor
Top contributor
Posts : 3775
Join date : 2014-02-24

Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño Empty Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño

on Mon Jan 23, 2017 12:05 pm
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño
Jan 23, 2017

ECONOMYNEXT - Sri Lanka's rice production from the main 'Maha' cultivation season in 2017 could drop by two million tonnes or around 60 percent of the usual volume, from a severe drought triggered by an Indian Ocean temperature oscillation, official estimates show.

The latest crop forecast by Sri Lanka's Department of Agriculture estimates that the 2016/2017, Maha rice crop will fall to 1.02 million tonnes compared to around 2.9 to 3.0 million tonnes seen in a year with good rainfall.

About 6 percent of the output is needed for seed paddy and about 6 percent is lost in wastage leaving about 620,000 tonnes of rice to be milled from 910,000 tonnes paddy available for consumption.

Sri Lanka is estimated to consume about 196,000 tonnes of rice a month.

Sri Lanka has been hit by a severe drought from sea temperature oscillation Indian Ocean Dipole (negative) event last year.

Sea temperatures in the Western Indian Ocean was lower than usual in 2016, a phenomenon known as an Indian Ocean Dipole negative phase, which resulted in failed monsoons in Sri Lanka.

Nicknamed Indian Niño, it would also cause floods in East Asia and Australia. The reverse happens during an Indian Ocean Dipole positive event. In the first quarter of 2017, IOD conditions are expected to be neutral.

Agricultural regions in Sri Lanka's Dry Zone has been badly hit with tanks drying threatening drinking water. Authorities have limited water releases for agriculture to conserve water.

Other than Amparai and Baticaloa in Eastern Sri Lanka, most other districts have planted sharply lower areas of paddy. Paddy is a water intensive crop. Farmers who plant alternative crops using less water can ensure that they still get financial security and avoid crop destruction.

Though rainfall in 2017 is expected to be normal, paddy production in the minor 'Yala' cropping season is also expected to be hit, due to low starting storage in most irrigation reservoirs.

At the end of the Maha season, tanks are usually about half full, but this year many are around 25 percent full, officials are have said.

Sri Lanka's Disaster Management Minister Anura Yapa, had spearheaded a drive to prepare early for the drought and asked the public to conserve water use and electricity, with hydro power generation also hit.

Sri Lanka's Disaster Management Centre says over a million people from 260,000 families have been affected by drought, fires and salt water intrusion into rivers supplying drinking water (Colombo/Jan23/2017)
Back to top
Permissions in this forum:
You cannot reply to topics in this forum