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FALLEN PRICE OF THE GROUNDNUT

Ongole, February 24 (way2newstv.com):
The price of the groundnut is decreasing day by day. The price of cock-2 type groundnut was 6000 per quintal and was fell to Rs.5000. Similarly, the same amount of money was worth Rs 10 thousand last year. The increase in the area of ​​peanut cultivation in Kurnool district, along with our district, is the main reason for decline in price. Another factor is the crop in the state of Madhya Pradesh. Formerly cultivated in the Cock-2 type of sugarcane district. This year, Kurnool district has been cultivated in a large area.A type of  similar pulse  cock-2 was cultivated in that district. Merchants say that the size of the nut is slightly lower and the color is much better. Traders say that the yields are also promising to reduce the price. The price of the Jg-11 is Rs 4,000 quintals. Last year, the farmers who sold about 6-7 thousand quintals were not allowed to sell or save the current price. Traders do not come forward to buy farming and increase productivity. Farmers are worried that at the current price of Rs 20,000 per acre will be lost.In Rabi, peanut seeds are collected on government subsidies for peanut growers. The government is responsible for the large-scale subsidy burden. Last year, the cock-2 type was sold at Rs 12,196 and 33 per cent subsidy was distributed to the farmers for Rs 8,198 by the state seeded company by 17,500 quintals and 11,500 quintals of oil feed. JJ-11 types of quintals were priced at Rs 8021 and distributed 50 per cent of the subsidy by the state seeded company by 30,000 quintals and 4,000 quintals of oilfed. Last year, sheets were available in the market at half the price of the company, Oilfed. The central Nafed company has decided to purchase 60,000 quintals in the district through the state Markfed. 16 Purchase centers are yet to be implemented. Farmers will be able to get some comfort if they have been collected to distribute the subsidy on oil feder through state-run firms. This will help the farmers get the price movement.


FALLEN PRICE OF THE GROUNDNUT

Officials say the only seeds from the contracted farmers will be collected at the beginning of the farming process. Prior to that, foundation seeds were distributed to the respective farmers. In fact, there is no record of collected seeds from the farmers who gave the foundation seeds. Supply of large seed traders to the company is becoming more common. Saving the seeds from contracted farmers is limited to files. This is a subject of investigation, even if the field is investigated. If the merchants get away from the farmers and get the money from the farmers, the price will decrease and the people who are in trouble will get some comfort. Farmers want the government to focus on it.