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LATEST NEWS UPDATES | Turmeric farmers in Erode district upbeat as price soars by S Ramesh

Turmeric farmers in Erode district upbeat as price soars by S Ramesh

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published Published on Aug 30, 2010   modified Modified on Aug 30, 2010


The area under turmeric cultivation in Erode district has almost doubled this year because of the high price it fetches in the market. Farmers have cultivated turmeric in over 9,500 hectares of land till date.

Normally turmeric is cultivated in about 5,000 to 6,000 hectares in the district.

Cultivation

“The price of the yellow spice has been hovering around Rs. 15,000 a quintal for the last few months. This has encouraged farmers to cultivate it in additional area hoping that the price will remain high throughout this year and the next. A majority of farmers with good water sources has taken to turmeric cultivation,” horticulture officials said. The officials expect that the area under turmeric cultivation will cross 10,000 hectares this year.

“We expect at least 500 to 1,000 more hectares under turmeric cultivation this year,” they added.

The Kodumudi block in the district alone has more than 2,000 hectares under turmeric. Other blocks, excluding Nambiyur, have 600 to 800 hectares under the crop.

The price of turmeric, an essential ingredient in every Indian kitchen, soared to an all time high of Rs. 15,500 a quintal in the Erode market, which is the second largest in the country after Sangli in Maharashtra, in May.

Change in crop

“Turmeric has made more farmers in the district rich. A sizeable number of banana growers has also switched over to turmeric this year,” market sources said.

Traders, however, expressed little hope on the stability of the prices in 2011. “We cannot expect that the demand for turmeric will remain high in the next year too. If the supply is more, the prices will crash,” they said.


The Hindu, 31 August, 2010, http://www.hindu.com/2010/08/31/stories/2010083160690100.htm


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