Sharp Fall In Wheat Acreage
Capital MarketAccording to latest data from the agricultural ministry, the rabi sowing had been completed on 148.23 lakh hectares (lh) till 15th November 2019, around 11.6% lower than the 167.67 lh planted during the corresponding week last year. Wheat acreage fell by 22.21% to 32.98 lh while Pulses area also dropped by 16% to 45.60 lh. Oilseeds acreage is down 2.63% to 46.12 lh while Coarse cereals acreage is up by 0.36% at 17.26 lh.
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