Agri Picks Report October 09, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Farmers in Andhra Pradesh have sown kharif crops over 2.8 million hectares as of Thursday, up more than 16% from 2.4 million hectares sown in the corresponding period last year, according to a report by the state's agricultural department. Nearly 86% of the normal acreage of 3.3 million hectares has been covered so far, while around 81% of the targeted area of 3.4 million hectares has been covered. The acreage under all food grains so far rose to 2 million hectares from 1.6 million hectares a year ago, the report said. The area sown under total coarse grains also rose to 222,000 hectares from 167,000 hectares a year ago. The area sown under paddy was 1.4 million hectares against 1.3 million hectares a year ago, while maize acreage rose to 143,000 hectares from 116,000 hectares last year. The area sown under total pulses as of Thursday was up 121% at 408,000 hectares, the report showed. Under pulses, the acreage under redgram, or tur, jumped to 360,000 hectares from 157,000 hectares. The acreage under total oilseeds fell to 340,000 hectares from 352,000 hectares a year ago, according to the report. Under oilseeds, the area sown under groundnut was 288,000 hectares, down from 294,000 hectares a year ago. Cotton acreage in the state so far fell to 397,000 hectares from 398,000 hectares in the same period last year. Similarly, the acreage under sugarcane was 20,000 hectares, down from 38,000 hectares a year ago, the report said. As of Thursday, the state received 689 mm of rainfall since Jun 1, up 14.5% compared with the normal of 601.6 mm for the period, the report said.

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09102024 - co