Agri Picks Report September 02, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Farmers in Telangana have sown kharif crops over 11 mln acres as of Wednesday, down nearly 6% from 11.6 mln acres covered in the corresponding period last year, according to the data released by the state. The acreage so far is nearly 85% of the normal area of 13 mln acres for the entire season. Kharif crops are sown at the beginning of the southwest monsoon season in June, and harvested at the end of the season around October. One acre is around 0.4 ha. As of Wednesday, the state has received 627.2 mm of rainfall since June, up 14% from the normal rainfall of 551.7 mm for the same period. The area sown under paddy, Telangana's largest kharif crop, fell to 4.8 mln acres from 5 mln acres a year ago, the report said. The acreage under maize also fell to 488,047 acres from 502,303 acres last year. Sowing of rain-fed crops such as jowar, bajra, maize, ragi, pulses, groundnut, soybean, and cotton, as well as the transplantation of paddy, is under progress, according to the report. Paddy nurseries are being set up with the help of irrigation facilities, the report stated. The area sown under total pulses as of Wednesday was 548,046 acres, up from 527,327 acres a year ago, according to the report. Under pulses, the acreage of redgram, or tur, was 460,592 acres, up from 455,636 acres a year ago. The acreage of greengram, or moong, rose to 66,592 acres from 49,522 acres last year. The area sown under blackgram, or urad, was 20,238 acres, up from 19,095 acres a year ago. The total acreage under all oilseeds so far fell to 401,522 acres from 452,248 acres in the same period last year, according to the report. Under oilseeds, the area sown under soybean was 384,988 acres, down from 443,449 acres a year ago. The area sown under groundnut rose more than doubled to 13,206 acres from 6,027 acres a year ago. The acreage under cotton, the state's second-largest kharif crop, was 4.3 mln acres, down from 4.5 mln acres a year ago. Sugarcane acreage as of Wednesday rose sharply to 21,862 acres from 102 acres a year ago, the report said.

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