Andra Pradesh has reaped about 1.8 million tonnes of groundnut (average 1,200 kg per hectare) from about 1.5 million hectares harvested in the state this kharif season. Nearly 20,000 hectares are yet to be harvested. | |
| Prices, meanwhile, have fallen, with farmers, particularly from Rayalaseema, the main groundnut producers in AP, receiving about Rs 1,600-2,000 a quintal. In stray cases, they received Rs 2,400 a quintal. |
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| About 8,000-10,000 bags are arriving at the Nandyal (Kurnool dt) market every day. |
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| In October, when the season began, farmers were paid Rs 3,150 a quintal for the early season crop. But, the later rain-starved crop pulled the prices down substantially. Prices are expected to fall further and touch Rs 1,500 a quintal. |
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| Heavy rains which hit Chittoor district in Rayalaseema recently have damaged the crop yet to be harvested. Though the situation threatens to bring down the price below the MSP of Rs 1,550 a quintal, the damage caused by heavy rains in Chittoor district may help to boost prices in other Rayalaseema districts. |
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| Farmers have incurred an expenditure of Rs 5,000 per acre of the crop. As against the normal kharif crop area of 13.71 lakh hectares, this year the crop was frown in about 15.18 lakh hectares "" 13.71 lakh hectares in Rayalaseema, 7.5 lakh hectares in Telangana and 7.4 lakh hectares in coastal AP districts. They have so far sowed groundnut in 2.50 lakh hectares for the rabi (second) crop. |
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