Agri Picks Report March 11, 2024: Geojit

Geojit's report on Daily Agri Picks

The area under rabi crops in Andhra Pradesh stood at over 1.67 mln ha as of Wednesday, down 10% from a year ago, according to state government data. So far this season, 73% of the targeted area of 2.3 mln ha has been used to sow crops, 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 6% on year at 266,000 ha, compared to 282,000 ha a year ago, the data showed. The area under pulses was down 7% on year at 669,000 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 563,000 ha, down from 652,000 ha a year ago. The targeted area for the crop in the current season is 820,000 ha. Jowar's acreage was up at 96,000 ha compared to 58,000 ha a year ago, the data showed. Maize was sown over 152,000 ha, lower than 236,000 ha a year ago. The area under food grains was down at 1.49 mln ha from 1.67 mln ha a year ago. The area under coarse grain was at 259,000 ha, down from 303,000 mln ha a year ago. Oilseed acreage fell to 103,000 ha from 120,000 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. As of Wednesday, the water level in major reservoirs in the state was 216.62 bln cu ft, down from 416.51 bln cu ft a year ago, according to government data. • The area under rabi crops in Telangana was at 6.6 mln acres (1 acre = 0.40 ha) as of Wednesday, 9% lower than 7.3 mln acres a year ago, according to data from the state government. The acreage so far has exceeded the normal rabi crop area of 5.5 mln acres for the entire season by 20%, the data showed. Maize, Bengal gram, jowar, and groundnut are the main rabi crops grown in the state. The total area under major millets, which include jowar, bajra, maize, and ragi, rose to 883,512 acres from 774,127 acres a year ago, the data showed. The area under maize was up a tad at 647,742 acres from 641,016 acres a year ago. The season's normal area for maize is 511,521 acres, and it covers the maximum area under major millets, as per data. Jowar, the second major millet in the state, was sown across 228,348 acres, nearly 83% higher than 124,879 acres a year ago. However, the area under paddy and pulses fell compared with that of last year. Paddy acreage was down 11% on year to 5.1 mln acres, though it was higher than the season's normal acreage at 4.05 mln acres. The area under pulses fell 26% on year to 318,818 acres. The normal rabi acreage for pulses is 421,163 acres. Acreage of Bengal gram was down nearly 30% on year at 255,282 acres. The area under food grains fell nearly 9% on year to 6.3 mln acres. Oilseed acreage was at 271,586 acres, down from 327,408 acres a year ago. The normal area for oilseeds in the season is 371,037 acres. Groundnuts accounted for 77% of the total oilseed acreage at 208,826 acres, down from 242,600 acres a year ago. Telangana received scanty rainfall at 0.1 mm in March, and so far, the cumulative rainfall in the state since June has been normal at 914.9 mm from 1,234.8 mm a year ago, the data showed. The water level in major reservoirs in the state as of Wednesday was 283.41 bln cu ft, down from 438.77 bln cu ft a year ago, according to government data.

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