(20 Aug 2025, 16:30)

Commodities Buzz: Soybean and Groundnut sowing takes a hit as kharif oilseeds acreage falls 3.63%

The Solvent Extractors’ Association of India (SEA) has noted that as of 15 August 2025, kharif oilseed sowing stands at 178.64 lakh hectares, down 6.74 lakh ha from last year’s final acreage of 185.38 lakh ha- a drop of 3.63%. The decline reflects a shift in farmer preference toward competing crops such as maize, driven by ethanol and feed demand. While castor seed has shown modest gains, major crops such as soybean and groundnut have seen reductions, signalling the need to reinforce crop profitability and farmer confidence. This shortfall highlights vulnerability to acreage competition and underlines the importance of targeted interventions.

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Commodities Buzz: Soybean and Groundnut sowing takes a hit as kharif oilseeds acreage falls 3.63%