Tobacco farmers receiving better prices this year
The Hindu
Average price ₹154 per kg, compared to ₹119 during last year’s auction season
Tobacco appears to be commanding a better price at the auction platforms across Karnataka during the ensuing season than last year.
Out of the estimated 5 million kg of tobacco auctioned so far since the markets began on September 24, the average price has been ₹ 154 per kg, compared to ₹119 per kg averaged during last year’s auction season.
Though the crop size for the year has been fixed at 97 million kg, sources in the tobacco industry estimate a shortfall of about 20 million kg this year on account of less than optimum rainfall.
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