Agri Picks Report November 05, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Farmers in Andhra Pradesh have sown rabi crops over 101,000 hectares as of Wednesday, down 33.1% from 151,000 hectares sown in the same period last year, according to the first rabi sowing report of the season released by the state's government. The state has set a sowing target of 2.3 million hectares for the season, the report showed. Rabi crops are sown between October and November, after the monsoon rains are over, and the crops are harvested between April and June. Paddy, maize, bengal gram or desi chana, urad, and groundnut are the top rabi crops grown in Andhra Pradesh. The acreage under paddy as of Wednesday was 17,000 hectares, up from 10,000 hectares a year ago, the report showed. On the other hand, the area sown under maize was 2,200 hectares, down from 3,000 hectares last year. The acreage under all pulses was down at 61,000 hectares from 106,000 hectares a year ago, according to the report. The area sown under bengal gram, or desi chana, was 29,000 hectares, down 54.7% from 64,000 hectares sown last year. Urad acreage also fell to 11,000 hectares from 16,000 hectares. The total area under all oilseeds as of Wednesday was 2,000 hectares, down from 4,000 hectares sown last year, according to the report. Groundnut acreage fell to 2,100 hectares from 3,000 hectares a year ago. Tobacco acreage across the state so far was up at 7,600 hectares compared with 3,900 hectares sown in the corresponding period last year, the report showed. The water level in reservoirs across Andhra Pradesh is 85.2% of the live storage capacity as of Monday, compared with 40.1% a year ago, according to data from the state water resources department.

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