Agri Business

Sell chilli this month, cotton in Feb, farm varsity tells growers

| | Updated on: Jan 01, 2014
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Chilli farmers, especially in central and north Karnataka, have been advised to sell their crop grown during the kharif season in January for better price realisation.

“Domestic and Export Market Intelligence Cell (Demic), after studying 22 years monthly price data of dry chillies from Byadagi regulated market, has come out with price forecast for January and February,” Balachandra K. Naik, Head of Demic of University of Agricultural Sciences told Business Line .

According to the Demic data, prices of Kaddi dry chilli variety are expected to trade at Rs 6,600-7,000 a quintal in January.

Chilli in the State is extensively cultivated in Haveri, Dharwad, Gadag, Belgaum, Bagalkot, Koppal and Bellary districts.

“Prices are expected to rise in January, hence, farmers are advised to sell their commodity in January,” said Naik.

Cotton Farmers have been advised to store and sell cotton in February. “Cotton prices were low in December and are expected to rule around same levels in January too. It is likely to firm up from February,” said Naik.

Raw cotton prices in Karnataka will rule at Rs 3,800-4,100 a quintal in January and are expected to be in the range of Rs 4,000-4,300 in February.

Naik said prices are expected to be better during February. “Farmers have been advised to sell their produce in February to get better price.”

Tur Naik said “ tur grown during the kharif season is steadily entering markets in North Karnataka and we have recommended tur farmers to sell their produce in February.”

Tur prices are expected to trade at Rs 3,600-3,900 a quintal in January and Rs 3,900-4,300 in February in Sedam regulated market.

>anil.u@thehindu.co.in

Published on January 01, 2014

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