Betting large on increased selling prices, coupled with very good rains and improved h2o availability, farmers in Gujarat are building a record of types in groundnut cultivation — the place covered below the oilseed has so significantly touched an 11-year peak.
As per facts from the Gujarat government’s agriculture section, groundnut sowing in the State has touched 18,27,519 hectares as on July 6, 2020. This is about 18 per cent increased than the three-year normal of fifteen,40,078 hectares. It was past in 2009 that Gujarat had recorded groundnut cultivation on an place of 18.22 lakh hectares. All-India place below groundnut was twenty five lakh ha as on July three.
Farmer resources suggest that improved selling prices for the oilseed is the key issue for farmers turning to groundnut from other oilseeds this kind of as castor and fibre crop of cotton. For the most part of the past year, groundnut selling prices in the spot marketplaces have hovered over the minimal help rate (MSP) of ₹5,090 per quintal for 2019-20. On Tuesday, groundnut (daring) selling prices quoted at ₹5,555 per quintal at Gondal marketplace. For the recent kharif year 2020-21, the Centre has hiked the MSP to ₹5,275 per quintal, which is building the oilseed much more beautiful to farmers. The recent spot selling prices, nevertheless, are off the new peak of ₹6,255 per quintal in the previous year.
According to a Gujarat govt district agriculture officer from just one of the districts in Saurashtra — heartland for groundnut — of the key kharif crops this kind of as cotton, groundnut and castor, farmers found greater rate potential clients in groundnut, looking at its export possible and off-get as when compared to the other two commodities, which have struggled for most part of past year with suppressed selling prices.
The latest facts released by the Agriculture and Processed Food Exports Growth Authority (APEDA) confirmed groundnut shipments were up sharply for the year 2019-20. The facts confirmed groundnut exports jumped 51 per cent to $716 million ($474 million in 2018-19) on expansion in volumes and pricing due to improved need from nations around the world this kind of as Vietnam. Groundnut shipments jumped to 6.64 lakh tonnes for 2019-20 as versus four.89 lakh tonnes described in the previous year.
This was not the scenario with castor and cotton, for which farmers are believed to be keeping unsold stocks of the previous year. Spot castor selling prices hovered at ₹3,830 per quintal as versus ₹3,620 per quintal in June. On the other hand, in December 2019, selling prices hovered at ₹4,379 a quintal, which was decreased by fifteen-18 per cent around the previous year.
The State, which is the greatest grower of castor, has found kharif castor cultivation abysmally minimal at one,927 hectares as on July 6 as versus the three-year normal of 6,23,291 hectares.
Cotton, on the other hand, has been in the grip of a glut scenario pursuing the unsold stocks piled up at just about every level of the worth chain, from ginned cotton to yarn to textiles and clothes. Spot cotton quoted at ₹3,880 per quintal, which is significantly decreased than the MSP of ₹5,515 per quintal for medium staple good quality. As per Gujarat govt facts, cotton cultivation is accomplished on 18,twenty five,276 hectares, which is about 32 per cent decreased than the three-year normal of 26,72,892 hectares.