Kharif Sowing Insights: Cotton Drops During Monsoon Revival, Paddy and Pulses Soar
Early kharif sowing gains have slowed to under 4% as the planting season nears its end, despite recent improvements in the monsoon. Paddy acreage has increased significantly, while cotton planting has dropped for the first time in years. Soybean and oilseed sowing also show positive growth, though nutri-cereals face a decline. Arhar and pulse sowing have surged due to favorable market conditions.
Kharif Sowing Progress: Early gains in kharif sowing have narrowed to under 4%, compared to over 10% a week earlier. This shift is attributed to the nearing end of the main planting window.
*Monsoon Revival:* The revival of the monsoon, influenced by a low-pressure system in the Bay of Bengal, is expected to enhance sowing activities, particularly in states with previously deficient rainfall.
Sowing Statistics: As of July 19, kharif sowing covers 704.04 lakh hectares (64% of the normal area), up by 3.5% from last year. The normal kharif area is 1,096 lakh hectares.
Paddy Acreage: The area under paddy has increased to 166.06 lakh hectares, showing a 6.7% rise from 155.65 lakh hectares last year. Key producing states are expected to improve sowing rates with better rainfall.
Cotton Sowing Decline: Cotton acreage has decreased to 102.05 lakh hectares, down by 3.4% from 105.66 lakh hectares last year. Declines are noted in Punjab, Haryana, Rajasthan, and Gujarat.
Soybean Coverage: Soybean acreage has reached 119.04 lakh hectares, nearing the normal area of 123 lakh hectares. This is a 9.2% increase from 108.97 lakh hectares last year.
Oilseed Area: The total area under oilseeds has risen by 8.1% to 163.11 lakh hectares from 150.91 lakh hectares last year, with groundnut showing a 12.6% growth.
Read more :- Cotton Purchase Centres by October: Government Assures Court
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