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Tur prices decrease prior to harvest

commodityonline
commodityonline
December 05, 2022
Tur prices decrease prior to harvest

Tur prices have decreased by 10-15 per cent prior to the seasonal harvest during the last month to Rs.6,600 per quintal which is around the minimum support price.

The price decrease and its continuation have triggered an increased demand from the farmers for an immediate start for procuring the pulses. The situation is reported to have been highly influenced by the increase in the importation of tur at lower prices.

According to certain reports by Agriculture Ministry, the production of kharif tur is expected to decrease to 3.89 million tonnes against the last year’s production of 4.34 million tonnes. However, the prices of tur keep on declining despite the decrease in its harvest and production.

 

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