Mundus Agri. Farmers are in full control of India’s peanut market. Not only do they still hold more than 35% of all stocks, but they also know how to play to their advantage. Artificial intelligence may also prove an asset in limiting aflatoxin contamination.
Superior nuts in short supply
The trouble is that the farmers are not only simply holding back but they also only release their stocks at intervals after every price rise. The market is, consequently, facing a supply squeeze for superior quality nuts on all levels. Related industries cannot buy large volumes at present and many factories can only operate at half capacity. Groundnut oil producers and exporters are also having trouble finding the volumes they require.
International pressure is, in addition, lacking. As the prices for imports from Sudan range 30% higher than in India traders are far from interested in buying. Prospects are also bleak in Brazil and Argentina since delayed rains are expected to reduce yields by nearly 10%. Yet, the situation is about to turn. The issue is that the winter crops are anticipated to be large in Tamil Nadu and Odisha and will start arriving in March. Expectation, therefore, is that prices will continue to rise a bit until the end of February before slowly starting to come down again in March.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.