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Low Price of Groundnut Causes Heartburn Among Farmers

Every day around 10,000 quintals of groundnut arrive at the APMC and though sale began a month ago, prices haven’t increased as expected by the farmers

Published: 13th February 2014 08:37 AM  |   Last Updated: 13th February 2014 08:37 AM   |  A+A-

Falling groundnut prices have upset farmers in the district who took up cultivation of the crop hoping for higher prices.

Most of the farmers in the district opt for paddy cultivation because of available irrigation facilities.

However, those dependent on the Narayanpur Left Bank Canal or borwells decided to take up groundnut cultivation this year owing to the water scarcity they faced in summer.

After harvest, farmers who took the produce to the Agriculture Produce Marketing Committee yard in Yadgir for sale were shocked at the low prices.

Last year, the price of groundnut was `6,000 per quintal, thanks to the intervention of the Karnataka Oil Corporation.

This year, the prices range between `2,600 to `3,200 per quintal.

Every day around 10,000 quintals of groundnut arrive at the APMC, and though groundnut sale began a month ago, prices haven’t increased as expected by the farmers.

Groundnut cultivation was taken up in 72,119 hectares (24,619 hectares in Yadgir taluk, 22,000 hectares in Shahapur taluk and 25,599 hectares in Surpur taluk) during the rabi season.

Joint Director of Agriculture Department R Balraj told Express here on Wednesday that the crop, particularly in Yadgir, Shahapur and surrounding villages, was affected by leaf miner attack.

“We bought the seeds from private agencies for a high price and invested a huge sum for the cultivation. We are not able to recover the money invested as the price is too low now,” said Nagaraj, a groundnut farmer from Gurmitkal.

“The farmers will suffer 20 to 25 per cent loss due to leaf miner attack. The state government should come to the help of farmers and announce a support price for groundnut,” said Umesh Mudnal, district -unit president of Tokari Koli Samaj.

More from Karnataka.

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