Agri Picks Report February 20, 2025: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

The National Agricultural Cooperative Marketing Federation of India procured 2.82 million tonnes of oilseeds as of Monday, slightly more than the 2.78 million tonnes purchased as of Feb. 11, according to data by the central procurement agency released on Tuesday. So far, NAFED has procured 51.4% of the total 5.48 million tonnes approved by the government under the price support scheme. • The area under summer crops in Gujarat was at 104,703 hectares as of Monday, up 3.5% from 101,179 hectares a year ago, according to a report released by the state agriculture department. Paddy acreage rose 4% on year to 54,771 hectares. The area under bajra rose to 10,328 hectares from 9,029 hectares a year ago, the report showed. However, the acreage of maize fell to 1,117 hectares from 1,713 hectares. In Gujarat, summer crops are sown in February and March, and harvested in May and June. Bajra, paddy, sesamum, and moong are the main crops grown in the state during the summer. The area under moong in the state so far was 1,937 hectares, down from 2,288 hectares a year ago. On the other hand, the area under urad rose to 251 hectares from 206 hectares. Groundnut acreage so far was 2,488 hectares, up from 2,186 hectares a year ago, according to the report. The area under sesame rose to 3,317 hectares from 3,149 hectares a year ago. The area under sugarcane as of Monday stood at 2,951 hectares, up from 2,719 hectares a year ago, the report showed. Onion acreage remained unchanged at 201 hectares, while the area under vegetables fell to 9,976 hectares from 10,871 hectares.

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