Turmeric costs ruling low on expectation of better crops

Turmeric costs ruling low on expectation of better crops

by admin- Thursday, February 14th, 2019 08:23:52 PM

Turmeric charges at the start of marketplace season are ruling lower than the identical period last year, as the new crop has began arriving within the key-producing regions of Tamil Nadu and Telangana on low call for and expectation of a better crop.

The Turmeric crop is higher this year on upward thrust in acreages and the adoption of high yielding types via farmers, basically in Maharashtra. This is no matter water shortages impacting the yields in some regions.

Lower fees at the beginning of the advertising season has started to cause demand from growers for inclusion of Turmeric beneath the ambit of the minimal assist fee (MSP) scheme.

Officials of the Telangana agriculture branch these days advised the Commission for Agricultural Costs and Prices (CACP) to consist of Turmeric below the MSP scheme. Considered a coins crop, Turmeric is not currently amongst the ones 25 crops for which a support price is said by using the Centre.

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