Agri Picks Report December 18, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Farmers in Andhra Pradesh have sown rabi crops over 733,000 hectares as of Wednesday, up nearly 19% from 616,000 hectares sown in the corresponding period last year, according to a report released by the state agriculture department. The acreage under chana was 259,000 hectares, up 22.2% from 212,000 hectares sown a year ago. The acreage under black gram, or urad, was 79,000 hectares, down from 99,000 hectares a year ago. The total area sown under all pulses was 433,000 hectares, up from 355,000 hectares last year, the report showed. Rabi crops are sown after the monsoon rains are over, and are harvested between April and May. Paddy, maize, bengal gram or desi chana, urad, and groundnut are the top rabi crops grown in Andhra Pradesh. The state has set a sowing target of 2.3 million hectares for the season, the report showed. The area sown under paddy so far in the state was 112,000 hectares, up from 62,000 hectares last year, according to the report. Jowar acreage fel to 39,000 hectares from 50,000 hectares a year ago, and maize acreage fell to 50,000 hectares from 55,000 hectares last year. The total area sown under all oilseeds fell to 30,000 hectares from 33,000 hectares in the previous year. Under oilseeds, the acreage under groundnut was 25,000 hectares, down from 28,000 hectares last year, according to the report. Tobacco acreage as of Wednesday was 64,000 hectares, up from 58,000 hectares in the same period last year, the report showed. Rabi paddy is at the 'nursery to transplantation stage', the report said. Jowar, maize, and tobacco are at the vegetative stage, while chana, urad, and moong are at the sowing to vegetative stage, the report said. Kharif crops such as jowar, bajra, maize, ragi, paddy, and groundnut are at the harvesting stage, the report said. The tur crop is in 'pod development to harvesting' stage, while cotton is in the second picking stage. Sugarcane is in the 'cane development to harvesting stage', the report said. The water level in reservoirs across the state was 77.1% of the live storage capacity as of Tuesday, compared with 37.9% a year ago, according to the state's water resources department.

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18122024 - co