Maharashtra procures around 139,915 tn tur from farmers at MSP

Maharashtra has so far procured around 139,915 tn tur from 116,245 farmers in the state at the minimum support price of 5,450 rupees per 100 kg. The Centre has approved the state to procure a maximum of 446,800 tn tur under the price support scheme to reduce price volatility in the market. Prices of tur had declined because of a spike in arrivals of the fresh crop, while demand from dal millers has been subdued.

Tur prices down in Akola, Kalaburagi on low demand.

Tur prices in Akola and Kalaburagi fell due to sluggish demand from millers. Trade has been sluggish due to lack of clarity about quantitative restrictions on sale of most pulses. Prices of most pulses have been under pressure for the past few months due to ample supply in domestic market.

Maharashtra govt procures 127,000 tn tur from 105,000 farmers so far

The Maharashtra government has procured 127,000 tn of tur in the season so far from about 105,000 farmers. The state started procuring the commodity after market prices slipped below the minimum support price of 5,450 rupees per 100 kg. Prices fell because of a spike in arrivals of the new crop coupled with subdued demand from millers. The state has also procured 5,434 tn of moong, 58,600 tn urad, 26,200 tn soybean and 400 tn of gram.

Tur prices down in Akola on weak demand from mills

Tanzania’s Sh537 billion ($240 million) pigeon pea industry is on a sharp nosedive after India banned import of the legumes from Tanzania in August last year. The unanticipated restriction is now wreaking havoc on hundreds of pigeon pea farmers and traders across the country who are holding hundreds of tonnes of the legume for lack of market. The price of pigeon pea which remained stable at between Sh1,500 and Sh4,000 in the last four seasons has drastically dropped to Sh200 as the result.

India ban hits Tanzania’s pigeon pea farming

Tanzania’s Sh537 billion ($240 million) pigeon pea industry is on a sharp nosedive after India banned import of the legumes from Tanzania in August last year. The unanticipated restriction is now wreaking havoc on hundreds of pigeon pea farmers and traders across the country who are holding hundreds of tonnes of the legume for lack of market. The price of pigeon pea which remained stable at between Sh1,500 and Sh4,000 in the last four seasons has drastically dropped to Sh200 as the result.

Centre OKs procurement of 55,600 tn of tur in Andhra Pradesh on MSP

The Centre has approved the procurement of 55,600 tn of tur grown in 2017-18 (Jul-Jun) in Andhra Pradesh under the price support scheme to support prices of the commodity. Procurement of tur in the state is already underway and may end on May 1. As of Tuesday, the National Agricultural Cooperative Marketing Federation of India had bought 30,095 tn of tur from farmers in the state. Procurement has begun, as prices of tur started falling below the minimum support prices of 5,450 rupees per 100 kg, inclusive of a bonus of 200 rupees.

Tur up in Kalaburagi on improved demand from millers

Tur prices were up in Kalaburagi, Karnataka, because of improved demand from dal millers. A fall in arrivals also supported prices of tur. Gains in chana prices are also seen supporting tur prices as both are substitutes for each other.