Agri Picks Report February 29, 2024: Geojit

commodities

Geojit's report on Daily Agri Picks

Farmers in Andhra Pradesh have sown rabi crops over 1.67 mln ha as of Wednesday, down 10% from the same period a year ago, according to state government data. So far, 2.2 mln ha of land has been used to sow crops out of the targeted area of 2.3 mln ha for the season, the data showed. The acreage of Bengal gram was down 9% on year at 301,000 ha, the data showed. The area under black gram, also known as urad, was down 5% on year at 265,000 ha from 278,000 ha last year, the data showed. The area under pulses was down 6.5% on year at 667,000 ha. Bengal gram, black gram, maize, and peanuts are the major rabi crops grown in the state. Farmers in Andhra Pradesh have sown paddy over 562,000 ha as of today, down from 651,000 ha in the previous year. The targeted area for the crop is 820,000 ha in the current season. Jowar's acreage was up at 96,000 ha from 58,000 ha a year ago, the data showed. Maize was sown over 151,000 ha, lower than 236,000 ha in the previous year. The area under food grains was down at 1.49 mln ha from 1.67 ha a year ago. Area under coarse grain cultivation was at 259,000 ha, down from 303,000 mln ha in the previous year. Oilseed acreage fell to 103,000 ha from 119,000 ha a year ago, according to the report. The target for oilseeds is 142,000 ha for the current season. Groundnut was sown over 68,000 ha, lower than 93,000 ha a year ago. The water level in major reservoirs in the state as of Wednesday was 223.95 bln cu ft, down from 436.94 bln cu ft a year ago, according to government data. Farmers in Gujarat have sown crops across 178,660 ha as of today for the 2023-24 summer season, down 15% from 210,481 ha in the corresponding period of last year, according to the state agriculture department data. The normal acreage for the season, which is the average of the last three years, is 1.1 mln ha. Bajra, paddy, sesamum, and moong are the main crops grown in the state during summer. The total area under cereals was up 8% on year at 95,157 ha, which was mainly due to higher area under paddy and maize. Paddy was sown over 70,897 ha, up 33% from last year. Paddy is the second-largest cereal grown in the state. However, the area under bajra, the key crop grown during summer, was lower at 21,941 ha than last year's acreage of 32,723 ha. The pulses grown during the season are urad and moong. The acreage under pulses was at 5,792 ha, down 36% on year. Moong was sown over 5,375 ha as of today, lower from 6,311 ha during the same period last year. Urad acreage plunged to 417 ha from 2,731 ha in the same period of the previous year. Groundnut and sesamum are the main oilseed crops sown during the season in the state. So far, groundnut has been sown over 6,418 ha, down from 8,296 ha last year. Sesamum was sown over 6,596 ha, lower than 13,904 ha last year. The area under vegetables was at 19,868 ha, down from 24,594 ha a year ago. Onion acreage plunged to 460 ha from 3,818 ha a year ago. Sugarcane acreage has also fallen to 3,797 ha from 4,144 a year ago, the data showed.

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29022024 - co