Agri Picks Report September 27, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Farmers in Telangana have sown kharif crops over 12.98 mln acres as of Wednesday, down 0.4% from 13 mln acres covered in the same period last year, according to a report released by the state's agricultural department. The state has covered 100.4% of the normal kharif sowing area of 12.93 mln acres. Kharif crops are sown at the beginning of the southwest monsoon in June, and harvested around the end of October. One acre is around 0.4 ha. As of Wednesday, the state received 948.2 mm of rainfall since Jun 1, up 32% from the normal rainfall of 717.3 mm for the period, the report showed. Paddy acreage in the state as of Wednesday was 6.55 mln acres, up from 6.46 mln acres a year ago. The area under maize rose to 546,865 acres from 502,303 acres, the report showed. The area under total pulses so far rose to 590,947 acres from 527,327 acres a year ago, according to the data. Under pulses, the acreage of redgram, or tur, was 499,080 acres, up from 455,636 acres a year ago. The area under greengram, or moong, rose to 68,556 acres from 49,522 acres. The area sown under blackgram, or urad, was up at 22,489 acres, compared to 19,095 acres a year ago. The acreage of total oilseeds was 427,577 acres, down from 452,248 acres a year ago, the report said. Under oilseeds, the area under soybean fell to 401,435 acres from 443,449 acres. The acreage of groundnut rose sharply to 22,107 acres from 6,027 acres a year ago. The area under cotton as of Wednesday was 4.4 mln acres, down from 4.5 mln acres a year ago, while sugarcane acreage rose to a whopping 24,763 acres from 102 acres a year ago.

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27092024 - co