Agri Picks Report December 29, 2023: Geojit

commodities

Geojit's report on Agri Picks

The area under rabi crops in Maharashtra has fallen nearly 7.4% on year to 4.53 mln ha in the current season as of Tuesday from 4.89 mln ha a year ago, according to data published by the state agriculture department. So far, 84% of the average rabi crop area of 5.4 mln ha in the state has been covered. Wheat, a key rabi crop, was sown across 673,106 ha, down from 790,837 ha a year ago.The area under jowar rose nearly 8.4% on year to 1.30 mln ha. The total area covered under cereals fell 2.5% on year to 2.20 mln ha. The area under pulses was at 2.27 mln ha, down from 2.58 mln ha a year ago. Among pulses, the acreage of gram was down to 2.19 mln ha from 2.48 mln ha a year ago, the data showed. The total area under food grains was 4.48 mln ha, down from 4.84 mln ha a year ago, it showed. Oilseed acreage rose to 50,612 ha from 44,653 ha a year ago, according to the report. Safflower was sown across 35,877 ha, up from 26,755 ha a year ago. However, sunflower acreage fell to 1,332 ha from 3,150 ha last year. As of today, the state's dams had 62.47% capacity compared with 83.33% a year ago, according to data from the water resources department of Maharashtra. The area under rabi crops in Gujarat was largely unchanged at 4.31 mln ha in the current season as of Tuesday, according to data from the state agriculture department. Wheat, the key rabi crop grown in the state, was sown over 1.16 mln ha, down 6.1% from 1.24 mln ha last year. The normal area for the crop, which is the average of the last three years, is at 1.30 mln ha. The area under maize cultivation rose 8.2% on year at 108,380 ha. The acreage of rabi cereals was down 4.1% on year at 1.31 mln ha. The acreage of rabi pulses was down 19.6% on year at 635,379 ha. Sowing of chana, the major pulse in the state, was at 590,534 ha, down from 748,991 ha a year ago. Of the total oilseeds' acreage at 267,733 ha, mustard was sown over 267,322 ha, and was down 12.1% on year from 304,039 ha, the data showed. The area under jeera has more than doubled to 544,099 ha, from 268,775 ha last year. The normal area for the crop is 350,666 ha. Typically, Gujarat is the largest producer of the spice. The acreage of coriander was down 45.4% on year at 120,234 ha. Gujarat is the second-largest producer of the spice. Amongst other crops, sowing of tobacco was down 5.1% from the previous year at 126,621 ha, while that of sugarcane rose to 172,511 ha from 160,077 ha. Sowing of vegetables marginally dropped to 180,435 from 183,881 ha last year. Potato, on the other hand, rose slightly to 133,764 ha from 129,920 ha the previous year. The area under fodder was 559,570 ha, down from 577,830 ha in the year ago period.

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29122023 - coom