Source: IMD, MoA
As on 05th Aug’22 All India Kharif Groundnut sowing progress is lagging by 7% to 41.09 Lakh hectare as compared to 44.39 Lakh hectare last year in the same period. From 1st June’22 to 08th Aug’22 cumulative rainfall departure is up by 32% in Gujarat, 40% in Rajasthan, 37% in Karnataka and 30% in Andhra Pradesh. AgriWatch expects Groundnut 2022-23 Kharif sowing acreage is likely to decline by 8-12%. Acreage is likely to shift to cotton on lucrative prices.