Agri Picks Report September 25, 2024: Geojit Financial Services

Geojit Financial Services's report on Daily Agri Picks

Farmers in Karnataka have sown kharif crops over 8.1 mln ha as of Friday, up 11% from the corresponding period last year, according to a reporat released by the state's agricultural department. The normal kharif acreage for the period, which is the average of the last five years, is 7.4 mln ha. So far, the state has covered 98.5% of the targeted sowing area of 8.2 mln ha, the report said. Kharif crops are sown during the southwest monsoon starting around June, and harvested around October. The main kharif crops sown in Karnataka are paddy, maize, ragi, tur, cotton, and sugarcane. The area sown under paddy so far rose to 1 mln ha from 883,000 ha a year ago, the report said. The acreage under maize was 1.6 mln ha as of Friday, down 1.2% from the corresponding period last year. The total area sown under pulses as of Friday was 2.2 mln ha, up 30% on year, the report showed. The area sown under tur rose to 1.6 mln ha from 1.4 mln ha last year. The area covered under green gram, or moong, increased by almost 117% to 442,000 ha, according to the report. The total area sown under oilseeds as of Friday rose to 834,000 ha from 797,000 ha in the corresponding period last year, the report showed. Groundnut acreage in the state rose around 8% on year to 332,000 ha. The area sown under soyabean was 422,000 ha, up 3% on year, the report showed. Cotton acreage in the state so far fell to 684,000 ha from 697,000 in the corresponding period last year, according to the report. The target sowing area for cotton is 800,000 ha. The area sown under sugarcane fell to 691,000 ha from 721,000 a year ago. As of Friday, the state has received 921mm of rainfall since Jun 1, 16% above the normal rainfall of 791 mm, the report said.

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