
Farmers left high and dry as private traders offer low price for Andhra Ponni paddy
The Hindu
With samba paddy harvest beginning in some parts of the district, the rather lukewarm response from private traders towards procuring the Andhra Ponni variety has come as a disappointment to farmers who had gone for the variety this year
With samba paddy harvest beginning in some parts of the district, the rather lukewarm response from private traders towards procuring the Andhra Ponni variety has come as a disappointment to farmers who had gone for the variety this year.
Andhra Ponni (BPT5204) is a fine variety cooking rice and is cultivated by a large number of farmers in Tiruchi district, besides other districts. Many farmers prefer to sell their produce to private traders who offer a better price than the procurement price at the Direct Purchase Centres (DPCs) of the Tamil Nadu Civil Supplies Corporation (TNCSC).
With the variety commanding a good price last year, especially towards the end of the samba harvest season, a large number of farmers had opted for the variety this year, hoping for good returns.
Though these are early days, the open market situation has not been encouraging as traders were offering only ₹1,250-₹1,300 per bag of 63 kg against the rate of ₹1,700-₹1,800 that was offered last year. Farmers get ₹2,450 a quintal (100 kg) at the DPCs for fine variety paddy.
Some of the traders say that many rice mills were still left with stocks procured last year as the market was flooded with rice from other States, especially Andhra Pradesh. “Many rice mill operators had sustained losses because of this and are still unable to sell our stocks. This has caused apprehensions among them. If the big mills start buying and exports increase, the price may go up to ₹1,450 a bag,” said R.P. Sakthivel, a trader-cum-rice mill owner in Tiruchi district. Mr. Sakthivel offers ₹1,350 a bag, if farmers bring the produce to his rice mill.
“Rice from Andhra Pradesh is still coming in. Many rice millers who had purchased the paddy variety at high price in anticipation of good profits have suffered heavy losses and are saddled with old stock,” said B. Muthu, who owns a rice mill in Needamangalam.
Traders cite the high moisture content of paddy coming in currently as another reason for the low price. “Most farmers do not dry the paddy and look to dispose their produce quickly,” said Mr. Muthu.