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Black-gram to fetch higher price in April 2012

 

Rabi grown black-gram is steadily entering into markets of north Karnataka. Uncertain prices at harvest have made the farmers to think about the time and place of selling the produce. Under such a fix, to help the farmers to take right decisions regarding place and time of sale of the commodity, the prices of black-gram that would prevail in major markets of north Karnataka after harvest have been predicted by the Domestic and Export Market Intelligence Cell (DEMIC) established in the Department of Agri-business Management, University of Agricultural Sciences, Dharwad.

Monthly modal prices of black-gram were collected from the leading black-gram market Bidar for the past 20 years and were analyzed by using rigorous time series analytical models and reliable forecast prices that would prevail in this market during the month of February, March and April 2012 were established. The output prices were cross verified with the opinions of traders, agricultural scientists and progressive farmers to fine tune the forecast prices. The prices from other major markets and government policies with regard to marketing of pulse crops in general and black-gram in particular, were also considered to come up with accurate price forecasts.

The normal arrival is expected due to good crop this year during Rabi season. According to price forecasts and opinions of traders and suggestions of the experienced farmers, the prices of black-gram would be around Rs. 3400/quintal in the month of February and March and Rs. 3500/quintal in the month of April in Bidar market. The Minimum Support Price announced by the Central Government for black-gram for this year is Rs. 3300/quintal. The farmers can store black-gram up to April 2012 to get a margin of around Rs. 100/quintal compared to February and March prices. The storage cost in FCI godowns is Rs. 3/quintal per month. Therefore, farmers are advised to sell their produce in the month of April to get better price. Bold seeded, well dried, clean grains would fetch better prices in the market. Hence, farmers are advised to keep these points in mind while preparing the produce for the market.

 

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Please note that this is the opinion of the author and is Not Certified by ICAR or any of its authorised agents.