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Farm varsity experts foresee limited chances of any upward movement in the price of sunflower seeds that is currently coming to the market. They expect prices to hover around Rs 31-34 a kg over the next three months.
To enable sunflower farmers take better decisions, these experts have advised farmers in the State to sell the seeds immediately on harvest.
Advising farmers against storing the produce on harvest, the Professor and Head, Department of Oilseeds, Dr K. Ganesamoorthy said the total import of vegetable oils in the first two months of the current oil years (November 2010-October 2011) dipped by 8 per cent to 14.21 lakh tonnes against 15.41 lt during the corresponding period of the earlier year.
Total oilseed production in 2011-12 is estimated at 35.6 million tonnes, up by 3 per cent over 2010-11. The import estimate includes 7 mt of palm oil, 1.4 mt of soya oil, 600,000 tonnes of sunflower oil and 15,000 tonnes of other edible oils. “With increase in domestic availability of edible oil in 2010-11, there is a likelihood of reduction in import of edible oils,” he added.
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