Jowar prices hit an all-time high in Karnataka amidst drought conditions
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- ✓Jowar prices hit an all-time high in Karnataka as drought conditions hurt crops.
- ✓The Maldandi variety rose from ₹5,500 in September to ₹8,500 per quintal.
- ✓Traders said low stocks and lack of mechanisation pushed rates up.
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- MARKET
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- The Hindu
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- 4 Minute(s)
- Market Focus
- India Economy
The price of the Maldandi variety of jowar has increased from ₹5,500 in September to ₹ 8,500 per quintal; Gundu Thene variety is priced at ₹8,200 per quintal, up from ₹5,000
On the heels of a rise in rice and toor dal prices, jowar prices too have surged in Karnataka amid drought conditions. Farmers, traders and agriculture experts say the current price of jowar, a staple in many north Karnataka districts, has hit its highest level in recent times.
According to APMC merchants in Vijayapura and Kalaburagi districts, the price of the famous Maldandi variety of jowar has increased from ₹5,500 per quintal in September to ₹8,500 per quintal at present. The Gundu Thene variety is priced at ₹8,200 per quintal, up from ₹5,000. Last week, the price had gone up to ₹9,200 per quintal for the Maldandi variety and ₹9,000 per quintal for the Gundu Thene variety.
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The Hindu
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