Agri Picks Report May 15, 2025: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

The area under summer crops across India was at 7.88 million hectares as of Friday, up nearly 10% from 7.19 million hectares a year ago, according to data released by the agriculture ministry on Wednesday. Rice, the largest summer crop in terms of both acreage and production, was sown across 3.20 million hectares, up 12% from 2.86 million hectares a year ago. The area under coarse cereals was up nearly 13% on year at 1.46 million hectares, the report showed. The area under maize, the largest coarse cereal grown during the season, rose to 889,000 hectares from 737,000 hectares a year ago. The area under bajra, the second-largest coarse cereal, rose to 505,000 hectares from 496,000 hectares. The total area under all pulses stood at 2.27 million hectares, up 5% on year, the report showed. Under pulses, the acreage of moong rose to 1.95 million hectares from 1.84 million hectares, while that of urad rose to 307,000 hectares from 257,000 hectares a year ago. Arrivals of the summer moong crop have begun in spot markets in states such as Maharashtra, Andhra Pradesh, Karnataka, Gujarat, and Rajasthan, local trader said. The total area under all oilseeds rose to 951,000 hectares from 923,000 hectares a year ago, according to the report. The acreage of sesamum, the major summer oilseed crop, rose nearly 1% on year to 477,000 hectares. Similarly, groundnut acreage rose nearly 5% on year to 431,000 hectares.

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.

15052025 - co