Agri Picks Report November 22, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Farmers in Karnataka have sown rabi crops over 1.3 million hectares as of Friday, down 4.1% on year, according to a release by the state's agriculture department. The acreage of Bengal gram, or chana, was down 7.2% at 633,000 hectares, the report showed.The total area under pulses in the state was 718,000 hectares, down from 779,000 hectares a year ago. The area under horse gram, or kulthi dal, was 68,000 hectares, down from 81,000 hectares a year ago. Jowar, wheat, chana, onions, and chillies are the key crops grown in the state during the rabi season. The state has set a target of sowing rabi crops on 2.6 million hectares for the season, of which nearly 52.4% has been covered. The area under jowar as of Friday was 341,000 hectares, down slightly from 368,000 hectares a year ago, according to the report. Wheat acreage in the state rose sharply to 65,000 hectares from 400 hectares a year ago. The area under ragi was 30,000 hectares, against 29,000 hectares a year ago, while the acreage of maize rose to 55,000 hectares from 40,000 hectares a year ago. The total area under oilseeds so far was 69,000 hectares, down from 89,000 hectares a year ago, the report showed. Under oilseeds, groundnut acreage fell to 50,000 hectares from 70,000 hectares a year ago. On the other hand, the area under sunflower rose to 11,000 hectares from 6000 hectares a year ago. Sugarcane acreage in the state rose to 56,000 hectares from 37,000 hectares a year ago, the report said. As of Friday, the state received 205 mm of rainfall since Oct 1 in the northeast monsoon season, 31% above the normal rainfall of 157 mm, the report showed.

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