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 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.
Also Read:- India-Pak Border Blooms, Agriculture Resurfaces in J&K's Chakrohi Buffer Zone After Two Decades
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.
Also Read:- J&K: ACS Flag- Off Consignment to Gurez of Vegetable Seedlings Under HADP
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
Also Read:- District Administration Urges Farmers to Stop Burning Wheat Residue, Promote Sustainable Practices
More News
-
VST Tillers Tractors Sold 2,110 Power Tillers, 473 Tractors in September 2024
-
Escorts Kubota Limited Reports August 2024 Tractor Sales of 5,614 Units
-
VST Tillers Tractors August 2024 Sales Report: 4,022 Power Tillers and 394 Tractors Sold
-
VST Tillers Tractors Ltd Reported Rs 22.85 Cr Net Profit for the Quarter Ended June 30, 2024