Drought seen impacting kharif pulses.

After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of Maharashtra, Karnataka, Andhra Pradesh and Gujarat. Over the past two-three weeks, the prices of tur, moong, gram and urad have risen by 10-20 per cent in various markets such as Kalburgi, Akola and Indore, among others.The scanty monsoon, which has created a drought in parts of Maharasthra, Karnataka and Gujarat, has impacted the standing tur crop while hurting the prospects for chana, as the progress in sowing of the rabi pulse crop has been tardy. Traders and growers estimate that the tur crop, which is currently in the flowering and seed formation stages, could be lower by as high as 50 per cent over last year’s levels in several areas of these States.