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2024-11-25 09:03:26 am | Source: Geojit Financial Services Ltd
Agri Commodity Technical Report 25 November 2024 - Geojit Financial Services Ltd

MARKET NEWS/UPDATES

* Farmers in Gujarat have sown rabi crops over 768,543 hectares as of Monday, down nearly 35% on year from 1.2 million hectares sown in the same period last year, according to a release by the state agriculture department. The state has sown chana across 132,323 hectares, down nearly 29% on year from 186,121 hectares sown last year, according to the report. The total area sown under all pulses so far fell to 193,196 hectares from 214,142 hectares last year. Rabi crops are sown between October and November, after the monsoon rains are over, and harvested between April and June. Wheat, barley, peas, gram or chana, and mustard are the major rabi crops grown in the state. The normal area sown under rabi crops in the state, which is an average of the last three years, is 4.6 million hectares. The total acreage of wheat in the state was 93,835 hectares, down from 187,807 hectares sown a year ago. Similarly, the area sown under maize fell to 18,367 hectares from 25,698 hectares a year ago, the report showed. Mustard acreage as of Monday was 78,032 hectares, down substantially from 166,299 hectares a year ago. The total area sown under all oilseeds was 78,994 hectares, down from 166,387 hectares last year. The area sown under sugarcane fell to 76,392 hectares from 90,702 hectares last year, while that of tobacco also fell to 24,845 hectares from 31,478 hectares a year ago, the report said. The acreage under cumin fell sharply to 17,687 hectares from 88,696 hectares sown last year, while that of coriander also fell to 16,940 hectares from 35,754 hectares a year ago. Onion acreage in the state rose to 27,045 hectares from 22,746 hectares last year, according to the report. The acreage under potato also rose to 37,545 hectares from 35,723 hectares a year ago. On the other hand, the area sown under vegetables fell to 46,066 hectares from 48,938 hectares last year.

* Farmers in Telangana have sown rabi crops across 409,864 acres as of Wednesday, up 43.7% on year from 285,289 acres in the corresponding period last year, according to a report released by the state agriculture department. Maize acreage in the state so far more than doubled, at nearly 104% on year, to 113,214 acres, from 55,509 acres last year, the report showed. Rabi crops are sown between October and November after the monsoon rains are over, and harvested between April and June. The normal acreage for the season in Telangana is 6.4 million acres, the report said. One acre is around 0.4 hectare. The area under groundnut rose to 150,028 acres from 112,453 acres a year ago, the report showed. The total area under oilseeds in the state as of Wednesday was 153,345 acres, up from 114,756 acres last year. Chana acreage in the state so far was 78,705 acres, up from 68,566 acres sown last year, according to the report. The area under black gram, or urad, also rose to 22,079 acres from 12,690 acres a year ago. The total acreage under all pulses was 103,354 acres, up from 82,295 acres sown last year. The area sown with tobacco so far was 4,734 acres, up from 2,117 acres in the same period last year. The acreage of rabi crops has risen significantly due to good rainfall in late September and early October, the report said. Most rabi crops are currently in the seedling stage, while the groundnut crop is at the seedling to peg formation stage. The water level in reservoirs across the state was 852.4 thousand million cubic feet as of Wednesday, compared with 468.4 thousand million cubic feet a year ago, according to the report.

* Farmers in Rajasthan have sown rabi crops over 7.87 million hectares as of Thursday, up 5.5% on year from 7.46 million hectares sown in the same period last year, according to a report released by the state agriculture department. The acreage under rapeseed and mustard was 3.12 million hectares, down 7.2% on year from 3.36 million hectares sown a year ago, the report showed. The total acreage under oilseeds was 3.20 million hectares, down from 3.47 million hectares last year. Rabi crops are sown during Oct-Nov after the monsoon rains are over, and the crops are harvested between April and June. Barley, wheat, gram or desi chana, and oil seeds such as rapeseed and mustard, are the key crops grown in the state during the rabi season. Rajasthan's target for rabi sowing this season is 12.0 million hectares. Chana acreage in the state was 1.76 million hectares as of Thursday, up from 1.59 million hectares sown last year, the report said. The total acreage under pulses rose to 1.79 million hectares from 1.62 million hectares a year ago. Chana is the largest variety of rabi pulses in the state. The area sown under wheat so far was 1.48 million hectares, up from 1.12 million hectares a year ago, according to the report. The acreage under barley also rose to 241,910 hectares from 179,360 hectares a year ago.

 

 

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