Heat waves throughout March-April in the important thing tomato-growing states of Maharashtra, Karnataka and Andhra Pradesh have adversely impacted manufacturing and pushed up costs throughout the nation.
The benchmark mandi costs of tomato at Kolar, Karnataka, rose by greater than 600% to Rs 3,930 a quintal on Tuesday, from Rs 560 a quintal that prevailed a 12 months in the past.
According to mandi officers in Kolar, costs are anticipated to stay agency within the subsequent couple of weeks earlier than commencing a decline in the course of June, as soon as crop from Maharashtra enters the market.
“Adequate pre-monsoon showers in the southern and western parts of the country and the prevailing cooler climate would help boost output in the coming months,” Uday Deolankar, former adviser to the Maharashtra agriculture costs fee, informed FE. He mentioned that as tomato crops are largely prepared for harvest in round 75 to 85 days, the brand new crop, which is predicted to enter the market subsequent month, appears to be like strong.
Tomato costs are anticipated to witness a pointy fall in July, as soon as crops from all the important thing rising areas enter the market, based on merchants in Delhi’s Azadpur mandi, thought-about to be Asia’s largest agricultural market. According to division of shopper affairs knowledge, common costs of tomato have been within the vary of Rs 55 to Rs 60 a kg throughout key cities.
Tomato manufacturing is predicted to say no greater than 4% within the 20221-22 crop 12 months (July-June) to twenty.3 million tonne (mt) in comparison with earlier 12 months, as per agriculture ministry knowledge
Mandi costs of potato (Agra, Uttar Pradesh) witnessed a spike of 21% to Rs 1,100 a quintal on Tuesday, from Rs 900 a quintal a 12 months in the past. Traders say that within the 2020-21 crop 12 months, potato manufacturing was at an all-time file of 56.17 mt, which is estimated to say no by 4% to 53.6 mt in 2021-22. Retail costs at current are round Rs 20 a kg.
Meanwhile, mandi costs of onion (Lasalgaon, Maharashtra) have dropped by 33% to Rs 1,100 a quintal on Tuesday in comparison with a 12 months in the past, due to a bumper output. Onion manufacturing within the 2021-22 crop 12 months is estimated at 31.29 mt, which is 17% greater than the earlier 12 months. Retail costs are at present within the vary of round Rs 20 a kg.
In April 2022, inflation for potato and tomato rose by 17.56% and 33.46%, respectively; onion value inflation was at (-) 3.77%.
Tomato, onion and potato have weightage of 0.6%, 0.6% and 1% in CPI inflation, respectively. Potato is harvested within the rabi season throughout March-April; farmers put the crop in chilly storages situated throughout the important thing producing states of Uttar Pradesh, Punjab and West Bengal, which caters to the buyer demand all year long.
Onion crop harvested within the rabi season, which has a share of greater than 65% within the manufacturing, is saved by farmers and step by step launched out there, whereas early kharif and kharif harvest enters the market immediately in October and December, respectively, due to greater moisture content material.
Source: www.financialexpress.com”