Increase in grain prices by changing crop damages and consumption patterns

Mumbai, Ta-26 November 2019, Tuesday

Due to the excessive rainfall in the current year, the prices of cereals are now increasing after the increase in the prices of vegetables. Due to heavy rainfall, the kharif crop has suffered significant damage. In addition, due to the change in consumption patterns, prices of cereals such as sorghum, millet, wheat and rice have been increasing in the last one month.

There is significant damage to the crop in the main crop areas. However, the main kharif crop wheat prices have witnessed a special increase, but the prices of Regi-Tartha Bajra have been increasing in the last one month.

The price per quintal of jowar is 5 rupees at 5 per cent in the major markets while the reggae price is 5 rupees rupees 5. The price of millet is talking around Rs.

In addition to the reduction in production, prices have also seen a rise due to shift in grain demand related pattern.

Besides cereals, the prices of vegetables have also doubled in the last two and a half months. Vegetable prices are rising due to supply shortages. In the monsoon-rich states like Maharashtra, Madhya Pradesh, Punjab, Uttar Pradesh, crop damage caused by floods in this year's monsoon was witnessed at an early stage.

The average rainfall in the country this year was 5% higher than the long-term average. However, since the government has enough stocks of wheat tarts, these stocks will be put on the market in case of price rise, a government official said.

Meanwhile, the current recovery season has seen a steady recovery in paddy prices. There are also a number of factors that have led to a strong recovery. India's demand for rice in the world market has also been steadily increasing.