Already bothered ginger farmers are now facing troubles from traders. There are complaints from farmers that traders are creating disputes between old and new stocks and are creating obstacles in selling.
Prices
Currently, the price of old stock is $147,47 to $196,63 per tonne, the price of new inventory is $98,31, and the cost of stale is $36,87 per tonne.
Increase in rates
In Satara district, farmers left ginger in the ground without extracting it due to non-receipt of price. After four years, this year, from June, there has been a slight increase in the rates. There has been a slight improvement in July as well.
Previously, there was no distinction between old and new ginger when harvesting ginger root. But in the current year, the farmers suffer due to the internal differences of the traders; thus, the loot among ginger farmers has increased. There is currently 70% old stock and 30% new stock. The farmers are being looted by purchasing new goods at the cost of damaged ones.
Future Scenario
Regarding the injustice faced by farmers in Ginger trading, the farmers of Satara, Karad, Koregaon taluka, and Swabhimani Kisan Sangh tried to unite and discuss with the traders. However, there has yet to be much response from the traders. As most of the traders get away with these meetings. Farmers say the prices have decreased again due to such a low price. If this prevails, there may not be any hike in ginger prices, and farmers will continue to lose on new production.
The Ginger dried NUGC prices were Recorded at $2,02 per kg FOB.
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