Prices of tur in Akola, the benchmark market for the commodity, were flat despite a rise in arrivals. Arrivals rose due to anticipation of demand in the coming days as well as the fact that farmers need extra cash for sowing. In Akola, tur was quoted as 3,700-3,750 rupees per 100 kg. In Kalaburagi, a key market for the commodity, prices were unchanged at 3,700-3,925 rupees per 100 kg and arrivals were steady at 2,000 bags.
As a larger area comes under tur or arhar (red gram) in the ongoing kharif sowing season, growers — in anticipation of a higher output — want the Centre to curb all forms of imports to keep prices stable during the harvest season. The acreage under tur as on August 3 has exceeded the year-ago period’s levels as farmers have brought a larger area in Karnataka, Madhya Pradesh, Telangana and Andhra Pradesh, among others, under cultivation. While the acreage under tur and moong has seen a rise, the area under all pulses has been trailing the year-ago figure by around four per cent at around 75 lakh hectares. Tur accounts for over half the acreage under pulses. Across major markets in the key producing States of Karnataka and Maharashtra, tur prices are hovering between ?3,500 and ?3,800 a quintal, much lower than the minimum support price (MSP), on ample supplies.
Tur imports during Apr-May plunged to 16,000 tn, a sixth of 97,000 tn that was shipped in the year ago period. The sharp 84% on-year decline in imports was largely due to a slew of government measures.
Maharashtra State Co-operative Marketing Federation has offered to sell 27,584 tn of tur through NCDEX e-Markets. The tur to be auctioned is stocked at godowns of Maharashtra State Warehousing Corp in Akola, Jalgaon, Parbhani and Buldhana.
The National Agricultural Cooperative Marketing Federation of India has offered to sell 10,585.41 tn of tur and 3,983.59 tn of urad through NCDEX e-Markets. The pulses are stocked at various central and state godowns in Tamil Nadu, Telangana, Karnataka, Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, and Maharashtra.
Latest Report on Tur | Tur Weekly 20180801.pdf
India’s tur acreage was down 4.4% on year at 3.5 mln ha as of Wednesday. Area in Maharashtra, the largest producer, has been lower at 1.05 mln ha due to erratic rainfall. However, in Karnataka, the acreage has been higher as farmers are assured of getting the minimum support price. Area under tur in Karnataka as of Wednesday was up 9.5% on year at 806,000 ha.
The market in Akola, the benchmark market for tur, was closed due to disagreements among some traders and officials of the Agricultural Produce Market Committee regarding payments via e-NAM. A meeting between both the sides was underway. The market in Kalaburagi, a key market for the commodity, was shut on account of a local festival.
India tur acreage was down 4.4% on year at 3.5 mln ha. Area in Maharashtra, the largest producer, has been lower at 1.05 mln ha due to erratic rainfall. However, in Karnataka, the acreage has been higher as farmers are assured of getting the minimum support price. Area under tur in Karnataka as of Wednesday was up 9.5% on year at 806,000 ha.
Prices of tur fell in thin trade in the benchmark market of Akola because of a a transporters strike and incessant rains. In Akola, tur was sold at 3,800 rupees per 100 kg, down 50 rupees. Arrivals were unchanged at 500-700 bags (1 bag = 100 kg). Prices were steady in Kalaburagi, Karnataka, at 3,700-3,850 rupees, with arrivals also steady at 2,000-3,000 bags.
Latest Report on Tur | Tur Weekly 20180725.pdf
Area under tur across the country was down 10.2% on year at 2.86 mln ha. Many farmers in Madhya Pradesh, one of the largest growers of tur, have shifted to paddy this year as rains have been good and due to attractive returns.
Prices of tur fell in Kalaburagi due to weak demand from dal millers. In Kalaburagi, prices were at 3,700-3,900 rupees, down by 25 rupees. Arrivals were steady at 3,000 bags. In Akola, tur was sold steady at 4,000-4,050 rupees per 100 kg and arrivals were also unchanged at 1,000-1,200 bags.
The area under the tur crop across the country down 2% on year at 2.2 mln ha. For the week ended Jul 4, the area under tur was down 20% on year. The recover in acreage in the week ended Wednesday was due to conducive rains. The acreage in key growing states Maharashtra, Madhya Pradesh, and Telangana increased, while that in Karnataka was lower. In Karnataka, the area under tur was down 22% on year at 553,000 ha.
Latest Report on Tur | Tur Weekly 20180718.pdf
The National Agricultural Cooperative Marketing Federation of India has offered 4,706.55 tn tur for auction through NCDEX e-Markets.
The Centre is likely to soon allow Maharashtra to resume tur procurement under the price support scheme beyond the deadline of May 15. The state discussed the issue with Minister of Agriculture and Farmers Welfare, Radha Mohan Singh, with senior officials of the agriculture department and managing director of National Agricultural Cooperative Marketing Federation of India Ltd
Prices of tur fell in the benchmark market of Akola due to subdued demand from dal millers. In Kalaburagi, another key market, prices were steady, while arrivals were unchanged.
Tur prices rose in the benchmark market of Akola due to bargain buying.Prices have been below the minimum support price of 5,450 rupees per kg due to weak demand from millers and stockists as there were sufficient supplies.
Prices of tur fell in Akola due to subdued demand from dal millers.