Farmers growing in Andhra Pradesh face the growing economic crisis during this crop season. Due to the increasing cost, debt and economic uncertainty, they are forced to sell their crops. Due to the shortage of access to traditional agricultural loans and a huge increase in agricultural costs, many farmers sell their crops soon after harvest. Farmers often sell crops at a lower price, which is completely different from the general strategy of storing the best market rates.
Farmers are not getting credit
Generally, farmers keep some parts of their products in cold storage and slowly sell for more and more benefits. But this year, money lack has changed that model. The New Indian Express Newspaper Seprolu’s chilli farmer Kiran Rao quoted, ‘We have saved our products and borrowed. But no one is ready to lend this year. Although prices are low, we have no choice but to sell everything immediately.
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According to official data, chilli cultivation in Andhra Pradesh is 1.94 lakh hectares. It has produced 11.29 lakh metric tonnes this season. However, due to recurrent insect infection and seasonal rain, input costs have increased by more than 30 percent. At the same time, the overall quality of the product has decreased, which has damaged the possibilities of domestic and export.
Old sacks lying in cold storage
On the other hand, cold storage owners say their facilities are operating less than 40 percent. The owner of a cold storage, ‘Farmers bring very little goods. Due to lack of money, they must be sold at the beginning. Banks refuse to pay loans instead of saving production, which also affects us as we are often guaranteed. More than 30 lakh sacks were sold from the crop last year. Because of this, prices have fallen further. Also, due to lack of repayment and corporate support, many farmers do not get new loans.
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Merchants take advantage of compulsion
Meanwhile, large traders and exporters in Guntur city and surrounding areas use the compulsion of farmers. They are shopping in bulk in hopes of bouncing prices at the end of this year. Asia’s largest Guntur chilli courtyard has 1.3 to 1.4 lakh bags daily. Despite the high supply, prices are stable due to a strong demand for premium types. ஏப்ரல் 11 அன்று, பெஞ்ச்மார்க் விலையில் தேஜா எஸ் 17 ஒரு டிக்கிக்கு 10,000-13,000, 334 சன்னம் 8,000-11,000 ரூபாய், பாய்டி 5531/668 மற்றும் 341 8,000-13,000 ரூபாய், டிடி 9,000-12,000 ரூபாய் மற்றும் ஆர்மூர் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்எஸ் ஆர்.எஸ்.
. Cultivation in Andhra Pradesh (D) Andhra Chilli Production (D) Agricultural News
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