Article may be outdated

This article is 13 days old. Some details may have changed since publication.

The Hindu·2 min read·medium

TNAU anticipates ₹65-70 per kg during harvest for groundnut, in pre-sowing forecast

T
The Hindu Bureau
TNAU anticipates ₹65-70 per kg during harvest for groundnut, in pre-sowing forecast
AI Summary

The Tamil Nadu Agricultural University (TNAU) forecasts groundnut prices to range between ₹65 and ₹70 per kg during the upcoming harvest season. This projection is based on historical market data and current production trends across major groundnut-growing districts in Tamil Nadu.

Why it matters

Helps farmers and market participants make informed decisions regarding crop sales and supply chain management.

Dive DeeperCreate a free account to unlock

The Tamil Nadu Agricultural University (TNAU), Coimbatore, in its pre-sowing forecast for groundnut, anticipates the prices of good quality crop to be around ₹65-₹70 per kg at the time of harvest.

Based on analyses of groundnut prices in Tindivanam and Sevur regulated markets for the past 25 years and current market survey, the Domestic and Export Market Intelligence Cell (DEMIC) of the Centre for Agricultural and Rural Development Studies (CARDS), TNAU, foresees decline in arrival due to recent monsoon fluctuations.

One of the major producers of groundnut in India with an area of 3.15 lakh hectares and production of 7.69 lakh tonnes with a productivity of 2439 kg/ha during the year 2024-25, Tamil Nadu’s output accrues from Tiruvannamalai, Namakkal, Villupuram, Salem, Cuddalore, and Ariyalur districts, a press release from TNAU said.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomyfood

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in