Agri Picks Report March 24, 2025: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Sowing of rabi crops in Andhra Pradesh progressed to 1.86 million hectares as of Wednesday from 1.68 million hectares sown in the same period last year, up 11% on year, according to a report released by the state agriculture department. Sowing of rabi crops in the state was little changed on week, the report further said. The acreage under all rabi crops in the state as of Mar. 12 was 1.85 million hectares. Maize acreage rose 19.7% on year to 182,000 hectares from 152,000 hectares from the year ago period. Similarly, the acreage under paddy rose to 661,000 hectares from 564,000 hectares a year ago, the report showed. On the other hand, area sown under jowar fell to 75,000 hectares from 96,000 hectares last year. In Andhra Pradesh, rabi crops are sown after the monsoon and harvested between April and May. The rabi crops majorly grown in the state include paddy, maize, Bengal gram or desi chana, urad, and groundnut. For the ongoing season, the state has set a sowing target of 2.31 million hectares, of which nearly 80% has been achieved so far, according to the report. The acreage under chana sown so far was 302,000 hectares against 301,000 hectares sown in the previous year, according to the report. Similarly, the acreage under black gram, or urad, rose to 278,000 hectares from 266,000 hectares last year. The total area sown under all pulses was 736,000 hectares, compred with 669,000 hectares a year ago. The total area sown under all oilseeds fell to 71,000 hectares from 104,000 hectares a year ago, the report showed. Under oilseeds, the acreage under groundnut was 52,000 hectares, down from 68,000 hectares last year. The area sown under tobacco in the state so far rose to 121,000 hectares from 78,000 hectares sown in the corresponding period last year, the report said. The paddy crop is at the 'tillering to harvesting' stage. Jowar is at 'maturity to harvesting' stage, while maize is at 'grain filling to harvesting' stage. All pulses are in the harvesting stage, while horsegram, or kulthi dal, has been harvested. Groundnut is at 'flowering to harvesting' stage, the report said. The water level in reservoirs across Andhra Pradesh was 48.9% of the live storage capacity as of Friday, compared to 27.6% a year ago, according to the state's water resources department.

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