1 week ago

TNAU Forecasts ₹65-70 Groundnut Prices During Upcoming Harvest Season

Tamil Nadu Agricultural University expects groundnut prices to be about ₹65-70 per kilogram during the next harvest.

The estimate was made by studying prices over the past 25 years.

Researchers examined the Tindivanam and Sevur regulated markets.

They also conducted a market survey.

The university wants farmers to consider these prices before deciding when and how much to sow.

India is one of the world’s biggest groundnut producers.

Tamil Nadu is also an important groundnut-growing State.

Trade sources expect fewer groundnuts to reach markets because the monsoon has been unpredictable.

Key facts

Forecast price: ₹65-70 per kg during the upcoming harvest season
Forecasting body: Domestic and Export Market Intelligence Cell, Centre for Agricultural and Rural Development Studies, Tamil Nadu Agricultural University
Historical analysis: Groundnut prices at Tindivanam and Sevur regulated markets over 25 years
India’s 2024-25 production: 119.42 lakh tonnes from 57.62 lakh hectares
India’s 2024-25 productivity: 2,073 kg per hectare
Tamil Nadu’s 2024-25 production: 7.69 lakh tonnes from 3.15 lakh hectares
Expected arrivals: Trade sources expect arrivals to decline amid recent monsoon fluctuations

thehindubusinessline.com · 1 week ago