Tur prices rally on crop worries
February 17, 2021
For the first time in five years, prices of tur or pigeon pea have increased above the minimum support price (MSP) levels during the current crop year (July 2020-June 2021) on lower crop and steady demand.
Tur harvest is on and the rally in prices has provided relief to the growers mainly in parts of Karnataka and Maharashtra who faced crop and yield losses due to extended monsoon and flooding in the region.
Modal prices (rates at which most trades take place) across major terminal agricultural markets for tur such as Kalaburgi, Akola, Latur, Amrawati, Bidar, Yadir and Raichur are ruling at least ten per cent higher than the MSP ₹6,000 per quintal over the last few days.