AP Farmer Turns 1 Lakh Into 15 Lakh With Tomatoes
The farming sector typically bears the brunt of exorbitant costs. For the majority of agricultural trades, they frequently lose. But this time, Andhra Pradesh's tomato producers are receiving unprecedented sums for their harvest. For instance, a tomato farmer in the andhra pradesh region of Anantapur received a startling return of Rs 15 lakh for his production of Rs 1 lakh worth of tomatoes.
When the farmer auctioned off his crop, he received Rs 15 lakh instead of the typical Rs 1 lakh for the same amount of tomatoes. Tomatoes are now costing Rs 200 per kilogramme. Prices are only increasing right now. A few farmers even receive 320 rupees for their goods. The internet is now booming with this viral story of an ap farmer, and many tomato growers around the country are experiencing a similar situation.
According to traders and authorities, the severe rains that destroyed crops in karnataka and maharashtra over the final two weeks of July may cause tomato prices to rise much further. This would be devastating for household budgets. The average modal wholesale price in the nation has increased 11% over the past seven days (including august 1), from 99.14 to 110 rupees per kilogramme. This increase is primarily attributable to tighter supplies in production hubs like the Kolar and Chikkaballapur districts of karnataka, as well as Narayangoan and Nashik in Maharashtra. A type of average is the modal rate.
When the farmer auctioned off his crop, he received Rs 15 lakh instead of the typical Rs 1 lakh for the same amount of tomatoes. Tomatoes are now costing Rs 200 per kilogramme. Prices are only increasing right now. A few farmers even receive 320 rupees for their goods. The internet is now booming with this viral story of an ap farmer, and many tomato growers around the country are experiencing a similar situation.
According to traders and authorities, the severe rains that destroyed crops in karnataka and maharashtra over the final two weeks of July may cause tomato prices to rise much further. This would be devastating for household budgets. The average modal wholesale price in the nation has increased 11% over the past seven days (including august 1), from 99.14 to 110 rupees per kilogramme. This increase is primarily attributable to tighter supplies in production hubs like the Kolar and Chikkaballapur districts of karnataka, as well as Narayangoan and Nashik in Maharashtra. A type of average is the modal rate.