Agri Picks Report December 11, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Farmers in Gujarat have sown rabi crops over 2.5 million hectares as of Monday, down 29.4% from 3.6 million hectares a year ago, according to a report released by the state agriculture department. Wheat acreage in the state fell 32.9% on year to 609,132 hectares, the report showed. The area under maize was 93,545 hectares, down from 95,219 hectares. The total area under all cereals fell to 719,116 hectares from 1.0 million hectares a year ago. Rabi crops are sown between October and November, after the monsoonal rains are over, and harvested between April and May. Wheat, barley, peas, gram or chana, and mustard are the major rabi crops grown in Gujarat. The normal area under rabi crops in the state, which is an average for the last three years, is 4.6 million hectares. The area under chana was 436,219 hectares as of Monday, down from 522,451 hectares, according to the report. The total acreage of all pulses was 489,483 hectares, down from 561,031 hectares a year ago. The total area under all oilseeds so far was 191,797 hectares, down from 257,198 hectares a year ago, while the acreage of mustard fell to 189,916 hectares from 257,090 hectares a year ago, the report showed. Sugarcane acreage in the state was 117,212 hectares, down from 144,495 hectares a year ago. Similarly, the area under tobacco fell to 86,336 hectares from 106,313 hectares, according to the report. The acreage of cumin, or jeera, fell to 262,115 hectares from 433,754 hectares a year ago, the report showed. The area under coriander fell to 62,376 hectares from 108,194 hectares, while fennel acreage fell to 25,263 hectares from 121,841 hectares. The area under potato as of Monday was 125,045 hectares, against 126,894 hectares a year ago. The acreage of onion fell to 44,298 hectares from 49,464 hectares, according to the report. The area under vegetables was 97,948 hectares, down from 142,899 hectares a year ago.

For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

11122024 - co