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LATEST NEWS UPDATES | Select vegetables' prices crash on farmers' rush for sale -Dilip Kumar Jha

Select vegetables' prices crash on farmers' rush for sale -Dilip Kumar Jha

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published Published on Apr 2, 2017   modified Modified on Apr 2, 2017
-Business Standard

Huge arrivals from Gujarat and MP increase supply; farmers fear higher spoilage on rise in temp

Mumbai: 
Vegetables prices crashed in the last two weeks due to farmers’ rush for sale on fears of high spoilage due to sudden rise in temperature across the country.

Data compiled by the government owned National Horticulture Board (NHB) showed cauliflower in the wholesale Mumbai mandi slumped by a staggering 25% since March 17 to trade currently at Rs 6 a kg (model price). Bitter gourd and brinjal in Delhi plunged steeply by 31.4% and 36.4% in two weeks to Rs 24 (model price) and Rs 8.75 a kg (model price) respectively. Similarly, okra in Kolkata wholesale market fell by 25.7% to Rs 26 a kg (model price).

Following the wholesale markets, retail price also fell with garlic in Mumbai slumped to Rs 80 a kg, a decline of 20% in two weeks. Similarly, bitter gourd in Kolkata fell by a staggering 30% to 28 a kg.

The steep fall in vegetables’ prices have worried farmers a lot with a number of them plan to switch to alternative crops next year for better realization. Interestingly, farmers switch to more remunerative crops bring in more worry for them as all growers in the particular region sow the same seeds at one go.

“There is a bumper vegetables crop this year. Hence, prices have declined due to a sharp increase in arrivals over the last few weeks. Also, farmers do not want to hold harvested goods amid fear of high spoilage following a sudden increase in temperature in the last two weeks,” said Sriram Gadhave, President, All India Vegetables Growers’ Association.

Interestingly, farmers rapidly switch to alternative crops. Unfortunately, the crop that the farmers assume to fetch more money, in fact, bring in more tensions for disposal at the time of harvesting as sowing of one particular crop brings in record productivity in one season. Same farmers, however, regret for switching of crops while harvesting as is happening in the case of potato currently. Farmers are literally burning potato in West Bengal and Uttar Pradesh as the prevailing price does not fetch even the transportation cost. Therefore, it is important for farmers and policy makers to advise farmers and help them to take an intelligent decision for sowing of balanced crops depending upon the climatic conditions.

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Business Standard, 2 April, 2017, http://www.business-standard.com/article/markets/select-vegetables-prices-crash-on-farmers-rush-for-sale-117040200350_1.html


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