Business Daily from THE HINDU group of publications
Saturday, Aug 23, 2008
ePaper | Mobile/PDA Version | Audio

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Oilseeds & Edible Oil
Agri-Biz & Commodities - Cultivation
Kharif oilseeds area crosses last year’s level


Our Bureau

New Delhi, Aug. 22 Kharif oilseed plantings this year have finally crossed last year’s corresponding levels. According to the Agriculture Ministry’s latest crop weather watch report released here on Friday, a total 168.70 lakh hectares (lh) have been sown under oilseeds so far this year, which is more than the 167.51 lh covered during the same period of 2007.

Much of this has been on account of a seven lh-plus additional area brought under soyabean. All the three major soyabean-growing areas have seen an expansion in acreage: Madhya Pradesh (from 48.6 to 51.42 lh), Maharashtra (26.09 to 28.66) and Rajasthan (7.52 to 8.52).

Expectation of higher harvest prices is the main factor that has driven up acreages this time. Soyabean prices in Indore are currently ruling at Rs 2,625-2,650 a quintal against Rs 1,520-1,530 this time last year.

In the case of groundnut, the overall area has almost caught up with last year’s progressive coverage, but it is still about 4 lh behind the normal area. Groundnut area so far has been lagging behind in Andhra Pradesh (13.72 lh against 14.08 lh), Karnataka (5.84 against 7.03), Maharashtra (2.25 against 3.14) and Madhya Pradesh (1.90 against 2.17), while being ahead in Gujarat (17.90 against 16.65), Rajasthan (3.29 against 3.14), Tamil Nadu (1.98 against 1.93) and Uttar Pradesh (1.08 against 1.05).

State-wise figures

Acreages are lower this year in all other oilseeds, including sesamum and sunflower, and also all major kharif pulses, coarse cereals, cotton, sugarcane and jute.

The real villain here has been the failure of monsoon rains during the most crucial sowing period from late June to the third week of July in Andhra Pradesh, Maharashtra and Karnataka.

Although the south-west monsoon has staged a spectacular recovery since then, it has seemingly happened a bit too late.

Maharashtra has witnessed lower progressive coverage in rice (12.54 lh against 13.87 lh), jowar (8.70 against 12.15), bajra (6.76 against 12.13), maize (4.80 against 6.02), cotton (29.57 against 31.71), sugarcane (7.89 against 10.88), arhar (9.42 against 11.63), urad (3.08 against 6.12) and moong (4.06 against 6.93).

Karnataka has likewise registered a drop in maize (from 10.20 to 8.11), jowar (3.02 to 2.24), bajra (3.95 to 1.74), cotton (2.05 to 1.98), sugarcane (2.94 to 2.41), arhar (6.15 to 4.33), urad (1.42 to 0.94), moong (4.75 to 2.00) and sunflower (4.93 to 2.83).

In Andhra, there has been a decline in maize (5.59 to 4.85), arhar (4.18 to 3.34), moong (3.07 to 2.49), sugarcane (2.47 to 1.31), jowar (1.53 to 1.29), and sunflower (1.07 to 0.53), even as rice has gone up (12.98 to 13.36).

Related Stories:
Lower acreage, frost hit rabi oilseeds output

More Stories on : Oilseeds & Edible Oil | Cultivation

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Hiring

Stories in this Section
Early signals favour normal N-E monsoon


Govt mulls subsidised pulses distribution
Brokers told to carry out internal audits half-yearly
Plea against dual tech telephony under single licence dismissed
Sharp decline in Indian holdings of US treasuries
Govt asks steel cos to cut prices in line with falling global trend
Nano suppliers also to pull out if Tatas shift from Singur
Singur plant project will continue, says Bengal Industry Minister
We may pull out of Singur if protests continue: Ratan Tata
Phoenix Mills gets €200 m from German fund
Kharif oilseeds area crosses last year’s level
Markets this week
BSE bid to whip up derivatives falls flat


Smartbuy



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line