Potato farmers staring at a loss as prices fall below production cost indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
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Testing time seen ahead as buyers, stockists defer decisions; labour shortage adds to woes
From cardamom to coffee, potatoes to pulses, tea to turmeric and pepper to poultry items, the second wave of the Covid-19 pandemic seems to have affected the commodities supply chain.
These commodities were affected to some extent during the first wave last year but then, the rural areas were mostly untouched. But this time around, people in the rural areas also have been affected, throwing spanner in the works of the commodities supply chain.
“The concern this year is rural areas are witnessing Covid cases unlike last year,” said Giriraj Singhania, Managing Director of Raipur-based Shivalik Engineering Industries Ltd. His firm supplies components to tractor and automobile firms.
Potato prices likely to stay subdued over the next few months
May 05, 2021
Ample stocks available, offloading of the spud begins from cold storages
Potato prices are likely to rule subdued over the next few months, though they have increased by ₹100 a quintal since a month ago as offloading of stocks in warehouses has just begun.
“Cold storages in Bengal have just opened after the elections to the State Assembly ended. So far, potatoes were coming directly from the farmers’ fields. Storages were shut due to non-availability of labour,” said Patit Paban De, potato cold storage operator and former president of West Bengal Cold Storage Association (WBCSA).
Potato cold storages may run out of space soon - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.