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Exporters still adopting a wait-and-watch approach, say farmers
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A representative of a trading firm examining the quality of tobacco as auctions resume in Ongole. | Photo Credit: KOMMURI SRINIVAS
Exporters still adopting a wait-and-watch approach, say farmers
Auctions have resumed on a promising note in the traditional tobacco growing areas in Nellore and Prakasam districts after a 16-day break, as the intensity of COVID-19 has lessened across South Coastal Andhra Pradesh.
Anxious to liquidate the stocks on hand and fearing deterioration in the quality of the produce as and when the southwest monsoon sets in, farmers brought over 6,000 bales for sale in the 11 auction platforms in the Southern Light Soil (SLS) and Southern Black Soil (SBS) regions till Tuesday evening.
Tobacco auctions begin on promising note
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Good grade out-turn with bright grade varieties augured well for farmers: tobacco board chief
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State Energy Minister Balineni Srinivasa Reddy inspecting the quality of tobacco on the inaugural day of auctions on Monday. | Photo Credit: KOMMURI SRINIVAS
Good grade out-turn with bright grade varieties augured well for farmers: tobacco board chief
Auctioning of tobacco, the principal commercial crop in the drought-prone areas of Prakasam and SPSR Nellore districts, began on an encouraging note on Monday.
Inaugurating the auctions at Ongole II auction platform along with Tobacco Board Chairman K.Raghunatha Babu, State Energy Minister Balineni Srinivasa Reddy said the State government for the first time had directly entered the market in a crisis situation in the wake of a slump in the market.
Tobacco growers in Prakasam hope to make turnaround as auction begins on March 15
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Market intervention by govt. sought to create buoyancy in market
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Tobacco farmers grading their produce at Maddipadu village near Ongole in Prakasam district. | Photo Credit:
KOMMURI SRINIVAS
Market intervention by govt. sought to create buoyancy in market
Having suffered heavy loses owing to the cyclonic storm Nivar last year, the tobacco growers in the drought-prone pockets of Prakasam and Nellore districts have pinned high hopes on the auction of the crop, which is all set to begin on March 15 (Monday).
After the cyclone took a toll on their crops, the farmers in the traditional tobacco growing areas in these districts went for replanting as the rains in several spells delayed the cultivation during rabi.
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