Agri Picks Report May 21, 2025: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

The sowing of summer crops across India progressed to 8.07 million hectares as of Friday, up nearly 12% from 7.21 million hectares a year ago, according to data released by the agriculture ministry Monday. The acreage under rice, the largest summer crop in terms of both acreage and production, rose over 15% to 3.32 million hectares from 2.88 million hectares a year ago. According to the report, the area sown under coarse cereals was up 11% on year at 1.44 million hectares. The acreage under maize, the largest coarse cereal in terms of area and production grown during the season, rose to 880,000 hectares from 737,000 hectares a year ago. On the other hand, the acreage under bajra, the second-largest coarse cereal, fell to 490,000 hectares from 496,000 hectares a year ago. The total area sown under all pulses stood at 2.38 million hectares, up more than 12% on year, the report showed. Under pulses, the acreage of moong rose to 2.05 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 traders said. The total area under all oilseeds rose to 945,000 hectares from 923,000 hectares sown in the previous year, according to the report. The acreage of sesamum, the major summer oilseed crop, fell nearly 1% on year to 470,000 hectares. Groundnut acreage rose nearly 5% on year to 431,000 hectares.

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21052025 - co