Business Standard

Monday, December 23, 2024 | 06:30 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Covid-19 impact: Farmers panic as onion slips to season's lowest of Rs 3/kg

Rush to sell even below cost of production amid fear of spoilage as Lasalgaon mandi is closed

Covid-19 impact: Farmers panic as onion slips to season's lowest of Rs 3/kg
Premium

The benchmark Lasalgaon mandi remained closed for four days following an order from the local administration after a Covid-19 patient was isolated last week and entire taluka was quarantined.

Dilip Kumar Jha Mumbai
The mad rush by farmers to sell late the kharif variety of onion has pulled down the crop's price to the season's lowest of Rs 3 a kg in Vinchur mandi near Lasalgaon, Asia's largest spot onion selling market yard. Lasalgaon is in Maharashtra's Nashik district the country’s largest onion growing region. Prices now are trading below the cultivator's cost of production.

With export quality onion selling in this mandi at Rs 9 a kg, its model or average price is Rs 6 a kg, the lowest so far in this late harvesting season. Farmers seemed to be in a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in