The Hindu Business Line : TNAU asks farmers to store blackgram crop, sell later

Coimbatore, Feb. 8 The Tamil Nadu Agricultural University (TNAU) has advised the farmers to store their blackgram crop and sell the produce during June and July when the price is expected to move up from the current levels.

In a statement, Dr N. Raveendran, Professor and Project Coordinator, and Mrs Anita, Senior Research Fellow of Domestic and Export Market Intelligence Cell, TNAU, said the arrival of blackgram in the market has been good. Last year, the price of blackgram was Rs 3,500-4,000 per quintal and it was attributed to online trading, crop damage due to rains etc.

But this year, the crop prospects in India and Myanmar, a major supplier of blackgram to India, are good. While the crop has started arriving from North India to the market, there was a ban on export of pulses.

They expected the farm gate price of blackgram during February-March to be in the range of Rs 2,200-2,300 per quintal and it would be higher by 10 per cent during June-July. The regulated markets were providing pledge loan facility for blackgram and farmers could avail themselves of this facility up to 180 days at 5 per cent annual interest. They have advised farmers to store and sell their produce during June-July.

More Stories on : Pulses | Tamil Nadu

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