A naukri.com initiative
HinduBusinessLine
1d
291
Image Credit: HinduBusinessLine
This rabi season, Indian wheat acreage gains at the cost of oilseeds, pulses
- Farmers have shifted from rabi oilseeds such as mustard and groundnut as they prefer stable prices, posing a challenge for the government which targets to make the country self-sufficient in edible oils and pulses.
- Prices of oilseeds such as soyabean are currently ruling below the minimum support price (MSP), forcing farmers to look at financial safety, said trade sources.
- According to Grains Australia, India imported 82,481 tonnes of the 109,622 tonnes of chickpeas shipped by its growers in October, the highest since 2017 when 136,891 tonnes were exported.
- Canada exported 594,514 tonnes of peas and lentils to India in the first three months of the 2024-25 marketing year that began in August.
- India on Tuesday extended the duty-free import of yellow peas until February 2025.
- The total area under all rabi crops reached 590.82 lh as of December 20, which is a tad lower from 590.97 lh in the year-ago period.
- The sowing of all pulses has reached 125.64 lh against 126.89 lh, down by 1 per cent.
- Sowing of wheat, the key rabi season’s cereal, continued its lead despite a delayed start and is now up by 2.5 per cent at 312.28 lh from 304.77 lh in the year-ago period.
- In the total foodgrains target of 341.55 mt set for 2024-25 crop year (July-June), the contribution of Rabi season’s foodgrains are set to be 164.55 mt or more than 48 per cent.
- The acreage of crops is the key factor to determine production as farmers normally select crops which command higher prices in the market.
Read Full Article
17 Likes
For uninterrupted reading, download the app