Live Spot Prices
Brass ( MCX ) 361 | Crude Oil ( MCX ) 5115 | Gold ( MCX ) 31910 | Silver ( MCX ) 38842 | Barley ( NCDEX ) 1863 | Turmeric ( NCDEX ) 6560 | Guar Seed ( NCDEX ) 4534
Maharashtra struggling to achieve Tur procurement target this season
Commodity Online | May 17 2018
UPDATED 10:52:41 IST

Indonesia Palm Oil production, exports rise in September: survey

Weak 2018 southwest monsoon impacts Cotton production

World Coffee market ends 2017-18 in surplus: ICO

USDA estimates Peanut output at 4.7 MMT in 2018/19

India's Cashew exports to US decline in FY18

Maharashtra has been unsuccessful in attaining its Tur (arhar) procurement target for the season despite an extension granted by the Centre. Lack of storage space proved to be a major hurdle in the procurement plans.

The Centre has granted permission to Maharashtra for the purchase of 44.60 lakh quintals from February 1. The government began a registration drive for farmers from January 19 and some 4.14 lakh farmers had registered in the drive.

The state government has now sought another extension for procurement until June 30. Until the next extension comes, procurement shall be stopped. According to senior officials from the agricutlure department, 31,81,000 quintals of Tur has been procured from 193 purchase centres. Tur has been purchased from 2,52,877 farmers and is valued at Rs 1,733.53 crore, the MSP of Tur comes upto Rs 5,450 per quintal.

Maharashtra cooperation minister has instructed officials of the State Warehousing Corporation that the ongoing procurement of Tur should not be hindered on the pretext of unavailability of godowns, small-size private godowns with a storage capacity of less than 1,000 tonne can be preferred for storage of procured Tur.

Commodity Arrivals Rate
Mustard Oil 0.5 9500.00
Coconut Oil 35 16550.00
Arecanut 17 23000.00
Sugar 403 3200.00