Tobacco farmers threaten to stall auctions from Monday
The Hindu
Traders’ wait-and-watch approach is giving sleepless nights to growers
Tobacco farmers have decided to serve an ultimatum on the traders that they will stall the auctions in all the 11 auction platforms from Monday if there is no marked improvement in the market price for their produce. Thanks to rising COVID-19 cases and uncertain demand for the produce in the global markets, the exporters are adopting a wait-and-watch attitude, giving farmers sleepless nights as they carry the bitter experience of the pandemic disrupting trading for over one month during the last marketing season. Auctioning of tobacco, the principal commercial crop in the drought-prone areas of Nellore and Prakasam districts, had begun on an optimistic in the middle of March after a delay of about a month, especially on the platforms coming under the Southern Light Soil (SLS) region.More Related News