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Ginger Farmers Relieved After Price Hike In Off- Season

Ginger growers get some relief after ginger prices got increased for the off-season. Farmers are assuming an increase in profits. Farmers have told that customers who have bought ginger during harvest seasons are now in huge profits.

Ginger Farmers Relieved After Price Hike In Off- Season
Ginger Farmers Relieved After Price Hike In Off- Season (Image Credit: Mathrubhumi.com)

Ginger growers get some relief after ginger prices got increased for the off-season. Farmers are assuming an increase in profits. Farmers have told that customers who have bought ginger during harvest seasons are now in huge profits.

Recently ginger growers of Adimali have been relieved after a recent increase in the off-set season price of gingers.

According to farmers in the last two harvesting seasons in the month of December and January, there has been a huge dip in ginger prices to Rs 25 per kg.

Due to a lack of supply, ginger's wholesale price has reached Rs 200, and purchasers are purchasing it from farmers for more than Rs 100 per kg. Recently, some wholesale purchasers have offered farmers a price of Rs 130, whose input cost per kg is Rs 50, told farmers.

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Farmers have also been told that the increase in prices of ginger won’t last till the next harvest. There may be a huge supply of ginger from Kodagu and Wayanad in the state of Karnataka.

The ginger that is currently available on the market is what emerged from plants that were not harvested last season. In anticipation of a spike in pricing during the off-season, some farmers leave a certain amount of ginger unharvested for sale during the height of the summer. There was no such increase in price previously, but it has already surpassed Rs 100, told T P Varghese, a farmer from Adimali town.

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Abhilash George Alakode a farmer selling agricultural produce at Alakode near Thoduzpha said that there is no assurance that the high price of ginger would last until the following harvest. Customers who purchased ginger during the harvest season and preserved it are now making a fair profit as well.

Source- TOI

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