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Kharif grown sunflower prices likely to be Rs.3800-4250 by harvest: Opine UAS Dharwad scientists

 

 

 

Sunflower is one of the fastest growing oilseed crops in India. It occupies fourth place
among oilseed crops in terms of acreage and production. Vanaspati Manufacturer’s
Association has estimated that, 3, 88.000 hectares of sunflower is being cultivated in India. Six
states, including Karnataka, are the major producers of sunflower in the country. Framers of
Bagalkot areas are busy in preparing their lands for sowing of Sunflower, one of the major
oilseed crops of the region. But, price uncertainty at the time of harvest has kept them in bay
and are in a fix to decide about sowing. In order to help the farmers, The experts of Domestic
and Export Market Intelligence Cell (DEMIC) established in Department of Agri-business
Management, University of Agricultural Sciences, Dharwad, is involved in facilitating the
farmers to take right decision regarding sowing of the crop by predicting the prices of
sunflower for upcoming months.
In order to arrive at the forecast prices of the crop, monthly modal prices of Sunflower
were collected from one of the leading Sunflower markets, Bagalkot, for the past 20 years and
were analyzed by using rigorous time series analytical models and reliable forecast prices that
would prevail in these markets during August and September, 2013 were established. The
forecast prices were cross verified with the opinions of traders, agricultural scientists, also the
futures price data obtained from National Commodities and Derivatives Exchange of India
(NCDEX), and progressive farmers to fine tune the forecast prices. The prices from other
major markets and the existing government policies with regard to the marketing of the crop
were also considered to come up with accurate price forecast.
According to price forecasts of the experts and opinions of traders and suggestions of
the experienced persons, per quintal price of Sunflower would be around Rs. 3800-4250/- at
the time of kharif harvest, i.e., during August-September in Bagalkot regulated market. Well
dried, cleaned, bold seeded grains fetch higher prices in the markets. Hence, farmers are
advised to keep these things in mind while cultivating and preparing the product 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.