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Onion farmers in tears as prices crash
It is proved once again that the prices of onions are highly volatile in the market. The abnormal rise and abysmal fall of onion prices at regular intervals are bringing tears to the eyes of consumers and producers alternatively. The prices of onions which were as high as Rs 80 a kg a few months ago crashed to Rs 8 a kg now throwing farmers into despair.
Price of onion, which ruled at Rs 80 a kg a few months ago, has plummeted to Rs 8 a kg
Tandur (Ranga Reddy): It is proved once again that the prices of onions are highly volatile in the market. The abnormal rise and abysmal fall of onion prices at regular intervals are bringing tears to the eyes of consumers and producers alternatively. The prices of onions which were as high as Rs 80 a kg a few months ago crashed to Rs 8 a kg now throwing farmers into despair.
Anticipating a good demand for onions, farmers cultivated it in more than 3,000 acres in Tandur, Peddemul, Basheerabad and other mandals of the district this season.
According to agricultural officials, the onion crop acreage in the region is 1,000 acres more this time. The prices of onions, which ruled high at the time of sowing the crop, had slumped by the time it came to the market. In the absence of proper cold storage facility, onion farmers are selling their produce at the prevailing market price though it is not remunerative to them.
Speaking to The Hans India, Satish, a farmer of Annasagar village in Peddemul mandal, said: “I raised onions in 1.5 acres of land with a hope to reap a good profit. I am left with no alternative except selling my produce at the prevailing market price even if I incur loss in the absence of proper cold storage facility.”
Expressing concern over steep decline in the prices of onions, another farmer Nagulapalli Narasimha Reddy said: “The government should ensure remunerative price to onion farmers. The price of onions should be stabilised at Rs 15 a kg through market intervention. Emphasis should also be laid on construction of more number of cold storage plants in the State to stock agricultural produce. Otherwise, the steep rise and fall of onion prices before and after the crop sowing will become a common phenomenon affecting the interests of both consumers and producers alternatively.”
G Ashok Kumar
