There is a decrease in the production of Kharif crops in the country in the crop year 2022-23. is estimated. According to the latest production estimates of Origo Commodities, the total production of Kharif crop in 2022-23 It is estimated to be 640.42 Million MT, which is 2 per cent less than the previous year. Explain that the total Kharif production in 2021-22 was 653.59 million metric tonnes. According to Rajiv Yadav, Senior Vice President, Origo Commodities, Origo Commodities has released its Kharif production estimates for the first time since its inception.
Along with this, he said that we have tried to bring the actual figures of Kharif crop production for the crop year 2022-23, so that the real situation can be seen in front of everyone. He says that the overall Kharif production is expected to decline mainly due to decline in paddy, groundnut, castor, sugarcane and jute sectors, which is also affecting the production negatively. Rajiv Yadav says that Origo Commodities will announce the final estimate of Kharif crop production in November 2022.
How much will cotton production increase?
According to Tarun Tatsangi, assistant general manager (commodity research), Origo e-mandi, cotton production is expected to grow by 8.5 per cent year-on-year to 34.2 million metric bales (1 bale = 170 kg) in 2022-23. While the production in 2021-22 was 31.5 million bales. He said that the sowing of cotton is estimated to be 1.8 per cent higher than last year, while the yield this year is expected to increase by 6.6 per cent over the previous year due to favorable weather in major cotton producing states. Hope.
Soybean production also jumped
Tatsangi says that as far as soybean production estimates are concerned, production is projected to increase by 4.5 per cent year-on-year to 12.48 million metric tonnes in 2022-23 as compared to 11.95 million metric tonnes in 2021-22. , Although soyabean sowing is the same as last year’s, production could be higher due to increase in yield.
How much corn will be produced?
According to Inderjit Paul, Senior Manager (Commodity Research), Origo e-Mandi, maize production is estimated to increase by 1 per cent year-on-year to 21.95 million metric tonnes as compared to 21.77 million metric tonnes in 2022-23. 2021-22. On the other hand, there is a possibility of decline in the production of paddy.
Paddy production will decrease
According to the production forecast by Origo Commodities, paddy production is projected to decline by 13 per cent to 96.7 million metric tonnes in 2022-23, from 111.17 million metric tonnes in 2021-22. The area under paddy cultivation has decreased by 9 percent as compared to the previous year. In Uttar Pradesh, West Bengal and Bihar, due to deficient rains, the paddy crop has been negatively affected.