Urad acreage down 13% YoY at 3.7 mln ha.

Farmers in the country have sown urad across 3.7 mln ha this kharif season. In Madhya Pradesh, the largest grower of urad, the acreage was down 16.7% on year at 1.49 mln ha as farmers shifted to paddy and soybean as returns looked lucrative. For 2018-19 (Jul-Jun), the government has increased the minimum support price for paddy by up to 13% and for urad by 3.7%. Last year, many farmers opted for urad instead of soybean due to scattered rains and low realisations from the latter, which resulted in a jump in urad acreage.